ACH Blog

Posted by admin on Jul 18, 2013
payday loans, offshore, ach, high risk

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..

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Posted by admin on Jul 23, 2012
Payment Processing for Payday Loan Companies

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..

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