Payment Savvy

FEBRUARY 23, 2023

Some of the most common ACH return codes are caused by incorrectly entered information or insufficient funds available, while others can be more complicated and include issues with authorization and more. What Are ACH returns? An ACH return means that the ACH failed to charge money from a customer’s account.

ACH 52

ACH Returns RDFI ODFI 52

Stax

APRIL 23, 2024

Most small business owners and employers are turning to ACH payments instead paper check payments because of the ease and instant access the ACH network provides. ACH transactions provide a quick and easy way to pay employees, submit and retrieve tax returns, and automatically control your finances within 1-2 business days.

ACH 88

ACH Direct Deposit ACH Network Wire Transfer 88

Stax

NOVEMBER 13, 2024

Many businesses prefer ACH credit payments for paying suppliers or vendors, especially when the amounts vary or when the payments are made irregularly. Government agencies use ACH credit to distribute tax refunds, rebates, and other reimbursements. What are ACH Credit Refunds and How Do They Work?

ACH 88

ACH ACH Network Payer Payee 88