Flat File Uploads Flat file uploads for Check 21 and ACH payments are also called bulk or batch processing. Batch processing automates processing. Uploading a bulk file is fast, easy, and less prone to errors than is manual entry.There are many reasons a company chooses to upload a flat..
High Risk Processing with Check 21Check 21 provides an excellent solution for high risk merchants who want to accept checks online or take a check by phone. Check 21 technology is particularly beneficial for companies that are unable to keep chargebacks under the 0.5% threshold required by NACHA..
A new report titled the 2009-2010 Payments Processing Benchmark Study has just been released by Taipi . Interesting highlights include:The Federal Reserve Bank System is encouraging migration from paper to image-based check clearing by increasing the fees for clearing paper checks. There are now..