ACH payments are a fast, inexpensive and reliable means of electronic funds transfer.  The ACH network has been one among the safest way of making payments since its inception over 35 years ago.During the past year, the news has reported breaches of corporate and government accounts by..

Accept Checks Online to Increase SalesElectronic checks are used by millions of US shoppers to purchase goods & services online. More than 30% of online retail sites offer echecks as a payment option at checkout.When you accept checks online, you get orders from shoppers who prefer to pay with..

Electronic Funds Transfer ACH NetworkElectronic funds transfer (EFT) systems such as the ACH network, allow payments to be automatically debited and credited between bank accounts. ACH stands for Automated Clearing House. Since it began operations in the early 1970s the ACH network has been an..

Internal Data Breaches are Your Biggest ThreatTo protect your payment processing and your business, be careful who you trust.Certainly businesses are fearful of attacks from the outside from cybercriminals.  But, in reality, many frauds are perpetrated by people working inside of the..

Utility Companies Move to Electronic PaymentsElectronic payment processing is continuing to expand within utility companies as more consumers are paying bills electronically rather than writing paper checks. ACH payments have long been popular for utility bill payments.  ACH is a low cost method..

The Federal Reserve has a new service beginning August 2nd called FedACH SameDay that permits same day settlement for certain ACH transactions.  This is the first significant change the Fed has made in settlement times for the ACH network in 37 years.Banks can opt in as either originating or..