ACH Blog

Posted by admin on Jul 14, 2016
Considering using ACH as a payment method- Here are the benefits

If you’re looking for an alternative payment method to offer your customers, you might have considered using ACH payments. Electronic payments are becoming increasingly popular among consumers and merchants alike. Many Americans now prefer to pay electronically rather than using a paper check...

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Posted by admin on Jan 11, 2016
ACH, ACH payment processing, ACH merchant account, ACH payments

What Is ACH?An ACH merchant account is an excellent alternative to card payments, allowing you to capture sales from customers that do not have cards, are maxed out on cards, or simply prefer to pay with an electronic bank transfer.  ACH rates are also often significantly lower than rates for..

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Posted by admin on Apr 17, 2012
ACH Payment Statistics Prove Power of Electronic Funds Transfers

ACH Volumes Continue to RiseAccording to NACHA, there were 20.2 billion ACH transactions totaling $33.91 trillion processed in 2011.  This represents an increase of 4.35% compared to 2010.Three types of transactions were responsible for most of the growth volume.  First are “native”..

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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 May 23, 2011
increase online sales with echeck shopping cart payment option

Echecks Trusted by BuyersOne of the most common questions asked by merchants who are thinking about adding electronic check processing is:  “Will my customers use it?”  The answer to that question is “Absolutely yes.”Consumer use of echecks for online payments is greater than ever before..

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