World Moving to Electronic PaymentsAccording to a survey by the Association of Financial Professions, US corporations are rapidly moving to electronic funds transfer for business-to-business transactions. The reasons given for the surge is advances in technology, increased focus on business..
ACH Payments for International EcommerceOf course, ACH payment processing is available for companies headquartered in the US.Yet, there are many companies that are headquartered outside of the US that would like the ability to provide ACH processing as a electronic payment option for buyers..
A credit is when the bank is disbursing funds. It is easy for banks to do an international direct deposit account for credits. The bank knows the credit history of the customer. It has the data to decide if the account should be credited immediately. Or, the bank may decide to allow the..