ACH Blog

Posted by Tina Brandon on May 28, 2017
Collection Merchant Accounts

The collection industry has been growing along with debt for unpaid purchases, bills, services, and other debts. There are over 1 billion credit cards open in the U.S. alone, and each American household owes an average of about $135,000 in debt. Factor in the complexity of the ever-growing internet..

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Posted by Tina Brandon on May 08, 2017
Tips for Dealing with Chargebacks- High Risk Merchants

Chargebacks are the Achilles heel of the payments industry. An unfortunate price paid by merchants to offer their customer ease and convenience. Depending on the nature of the business, high risk payments could be unavoidable. However, there could be a lot you can do to reduce the risk involved..

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Posted by Tina Brandon on Apr 17, 2017
Electronic Checks Valuable for Travel Merchants

International tourist numbers have been increasing for the past six years in a row.  More than 1.5 billion people travelled abroad in 2015 alone. As a result, cross border transactions have been getting easier and more widespread over the years. That’s a huge number of people looking to go..

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Posted by Tina Brandon on Mar 27, 2017
Echecks for Loan Modificiation

Modifying loans is a much-needed service. If your business offers this complex service you already know there is no lack of demand. However, a lack of investment in compliance and technology has had an impact on services. Borrowers are facing increasing challenges to get their loans modified..

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Posted by Tina Brandon on Nov 01, 2016

Same day ACH is now a reality for initiating credits.  For debits, same day ACH will be available next year.  ACH is a form of Electronic Funds Transfer or EFT.  Each time you pay or receive salaries and wages, make direct deposits, pay for utilities or conduct any other transaction, the funds..

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Posted by Tina Brandon on Sep 29, 2016
Echecks Better for High Ticket Orders

The higher the dollar amount of a specific transaction, the greater the risks involved.  The risks and responsibility of fraud and chargebacks. extend to you as the merchant as well as to your processor & acquiring bank.  Some industries process high tickets on regular basis.  For..

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