Check 21 is a fast, safe method of processing check payments.  With Check 21, transactions are cleared using bank-to-bank image exchange rather than through the ACH network.  Check 21 is an attractive alternative for high risk internet merchants to process electronic checks and avoid restrictive..

Accept Checks Online & Watch Your Sales GrowAdding echecks as a payment option is one of the easiest way for online merchants to increase sales.  Consider the following:27% of US families don’t have credit or debit cards. There are 60 million under / unbanked adults in the US 89.2% of..

Payday Lenders Meet Market DemandAccording to the FDIC, 25.6% of ALL US households are underbanked.  Payday lenders and cash advance companies provide an outlet for these households to obtain funds. Even though the costs are high, payday lender provide a service to their customers.Payday loans are..

Payment Processing for LendersPayday loan companies use ACH and Check 21 echecks services to process payments.  There are 2 types of accounts established for payday loan companies.First, ACH credits deposit the amount of the loan directly to the borrower’s bank account.  ACH credit accounts..

Frequently Asked QuestionsThis article address the most commonly asked questions about ACH electronic check processing. If you are thinking of setting up an echeck account, this article will be helpful to you.What is an electronic check?An electronic check is an form of payment whereby the money..

Reasons International ACH Transactions are LaggingTwo years after the passage of the International ACH Transaction (IAT) code, most businesses are not using the service due to three main reasons:Complying with the IAT rules is an added expense.  These days, businesses are focused on decreasing..