Recurring Payments for Property ManagementIf you are a property management company that is not offering recurring ACH processing, you are leaving money on the table.Surprisingly, many property managers are still doing business the old-fashioned way by accepting paper checks as payments. And they..
Here's a helpful list of ACH processing return codes, also called "R" codes.Code DescriptionR01 Insufficient FundsR02 Account ClosedR03 No Account/Unable to Locate AccountR04 Invalid Account NumberR05 Not Currently UsedR06 Returned per ODFI's RequestR07 Authorization Revoked by..
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..
These days, non-profits and charitable organizations need to offer multiple ways to make donations in order to bring in as much money as possible. Naturally, every non-profit needs to take credit card payments. Yet, adding ACH payments is easy way to make get more donations from givers who do..
High risk ACH and Check 21 merchant accounts reduce processing risk with online signature capture program for electronic checks. The advantage of obtaining a signature for a high risk ACH or Check 21 transaction is a great reduction in the number of consumer revokes or returns. With online..
Don't Lose Out to Your CompetitionI was shopping for a gift to send out to my mother this week. Like most web shoppers, I surfed from site to site looking for the perfect gift. Once I found out what I wanted to buy, I again searched from site to site to find the lowest price on the item.Finally..