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What Does Return Mobile ACH Payment Mean?

Payment Savvy

It receives the ACH entry and submits it to the Receiver. Receiver The receiver is the individual or company that allows the Originator to initiate an ACH entry. If there is a problem with the payment processing, it is usually the RDFI that sends an ACH return message.

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ACH SEC Codes

Payment Savvy

POS – Point-of-Sale Entry. ENR – Automated Enrollment Entry. CCD/CCD+ – Corporate Credit or Debit Entry. PPD/PPD+ – Prearranged Payment and Deposit Entry. IAT – International ACH Transaction Entry. CTX – Corporate Trade Exchange Entry.