Stax

NOVEMBER 13, 2024

Making a payment via the ACH network differs from making a payment with a credit card in that you are sending the money directly from one account to another, instead of charging it to a card you would later be liable to repay. Learn More What are ACH Credit Payments? What are ACH Debit Payments?

ACH 88

ACH ACH Network Payer Payee 88

EBizCharge

JULY 18, 2024

Ideal for businesses globally, EDI payment systems are crucial for electronic data interchange, carving a niche in the financial transaction process. An Electronic Data Interchange Payment, or EDI Payment , refers to a system where financial transactions are processed electronically in a standardized format. What is an EDI payment?

ACH 52

ACH Transactions Payments Funds Transfer 52

Payment Savvy

NOVEMBER 10, 2022

Before diving deeper into SEC codes, let’s take a minute to better understand ACH transactions – if you’ve already worked with ACH transactions and have an idea about what is involved in them, you can skip this section and go straight to SEC codes. ENR – Automated Enrollment Entry.

SEC Codes 52

SEC Codes ACH ODFI Wire Transfer 52