Overview of the ACH NetworkThe automated clearinghouse network is also known as ACH.  The ACH network is a highly reliable and efficient nationwide batch oriented electronic funds transfer system. ACH is governed by operating rules of NACHA which provide guidance for interbank clearing of..

Recurring Payments for Property ManagementIf you are a property management company that is not offering recurring ACH processing, you are leaving money on the table.Surprisingly, many property managers are still doing business the old-fashioned way by accepting paper checks as payments.  And they..

Here's a helpful list of ACH processing return codes, also called "R" codes.Code DescriptionR01 Insufficient FundsR02 Account ClosedR03 No Account/Unable to Locate AccountR04 Invalid Account NumberR05 Not Currently UsedR06 Returned per ODFI's RequestR07 Authorization Revoked by..

These days, non-profits and charitable organizations need to offer multiple ways to make donations in order to bring in as much money as possible. Naturally, every non-profit needs to take credit card payments.  Yet, adding ACH payments is easy way to make get more donations from givers who do..

ACH payment processing is the least expensive payment processing options for merchants.  When a buyer chooses to pay by ACH, merchants save big.  Rather than paying credit card companies over 2% of the sales price, merchants add that 2% of bottom line profits.ACH has become a generic term..

A PayItGreen Survey 2010 reports that consumers pay bills online-only are more satisfied with their bank and/or credit union.  In addition, payments online, either via ACH payments, credit cards or direct from banking sites appeals to consumers “green” consciousness about helping the..