ACH Blog

Posted by admin on Mar 27, 2012
ACH, ACH payment processing, ACH network, ACH transactions

Same Day Settlements Approved Yet Few Banks ParticipateFederal Reserve same day settlement for ACH transactions has been available for over a year.  However, very few banks have chosen to participate, making it extremely difficult for merchants to take advantage of quicker clearing of ACH..

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Posted by admin on Mar 16, 2012
ACH, ACH processor, ACH processing, ACH payments,

ACH Processing for Electronic Funds TransferACH payments and wire transfers are the most commonly used methods of transferring funds electronically within the United States.Wire transfers are best suited for high dollar transfers must which must be sent or received quickly, within the same day or..

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Posted by admin on Jan 05, 2012

Pricing for ACH ProcessingThis article discusses the elements that are considered when setting rates for ACH processing. Rates for ACH payment processing are based on three main factors. Industry ClassificationMonthly Processing VolumesCustomer AuthorizationHigh Risk vs. Standard RiskCompanies..

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Posted by admin on Dec 07, 2011
ACH Payments

What are ACH Payments?For over 40 years, ACH payments have been used for electronic funds transfer in the US. The ACH network began mainly as a way to pay large number of people with direct deposits from the federal government for benefit payments (such as Social Security) and for corporate..

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Posted by admin on Sep 07, 2011

If you have any questions that ACH payments are being embraced by US businesses and consumers, consider these facts from NACHA:The number of Automated Clearing House (ACH) Network payments exceeded 19.4 billion in 2010, an increase of 3.44% compared to 2009More than $37.4 trillion in ACH payments..

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Posted by admin on Aug 18, 2011

Accept Checks Online & Watch Your Sales GrowGet orders from buyers that are maxed out on cards or don't have cards. And many shoppers simply prefer to pay you with an echeck rather than a card.Here’s 3 more ways that high risk merchants wring out more profits with electronic check..

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