Stax

APRIL 23, 2024

Many small businesses choose ACH operators because they are more convenient than most direct deposits. ACH transfers don’t come with high fees and transactions and they’re easily edited if an employer wants to adjust payroll, extend bonuses, or reimburse an employee. Instead, everything is a click away.

ACH 88

ACH Direct Deposit ACH Network Wire Transfer 88

PYMNTS

MARCH 18, 2019

First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. Then came PayPal’s debut of Instant Transfer to Bank. Take two announcements from just last week, related to the evolution of faster payments in the U.S.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

Payment Savvy

SEPTEMBER 5, 2024

They give their bank a request to send funds through the ACH network. The bank then packages this request into a digital file, which gets sent to an ACH operator. This operator acts like a middleman, making sure everything is in order and routing the payment to the right place. One of the main advantages is cost.

ACH 52

ACH ACH Network Wire Transfer Direct Deposit 52