Electronic Checks for LendersPayment processing for payday loans is getting more challenging to obtain. Yet, good accounts are still available for both US and offshore payday loan companiesThe Federal Deposit Insurance Corporation and the Office of the Comptroller of the..
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..