EBizCharge

OCTOBER 17, 2023

While payment methods vary depending on location, merchant, and type of transaction, ACH payments are one of the most used electronic payment systems in the U.S. What is ACH? ACH transfers refer to the electronic transfer of funds between banks through the ACH network. What is an ACH return?

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Payment Savvy

SEPTEMBER 5, 2024

You’ve probably heard the term “ACH deposit,” but what does it really mean? ACH stands for Automated Clearing House, a network that handles electronic payments and transfers. So, what is an ACH deposit? ACH direct deposits are common. What Is an ACH Deposit? So, what does an ACH deposit mean?

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Agile Payments

OCTOBER 9, 2019

Software applications that require payments functionality often can benefit from adding the ACH payment rail. Thus the application's management or stakeholders will look to various ACH Providers for discussing requirements and finding a solution that meets their needs.

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Payment Savvy

DECEMBER 11, 2023

Automated Clearing House ( ACH) transfers have revolutionized the way we handle our finances, offering a convenient and secure method to send and receive money electronically. Whether it’s receiving your paycheck through direct deposit or paying your bills online, ACH payment solutions have become an integral part of our daily lives.

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Agile Payments

FEBRUARY 25, 2019

What is an ACH Transfer API, anyway? Quite simply, it's an API that provides the ability for a software application to integrate ACH processing capabilities for the purpose of providing the application to originate, manage and report on the transfer of funds between bank accounts.

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Agile Payments

FEBRUARY 25, 2019

ACH payments and disbursements aren’t new. ACH payments have been around since 1974, and by the end of 2016, the total volume of ACH processing exceeded $40 trillion. In many cases ACH should be the defacto payment method for anything recurring.

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PYMNTS

SEPTEMBER 17, 2018

NACHA — The Electronic Payments Association — announced that its membership has approved three new rules that will expand Same-Day ACH for all financial institutions and their customers. The expansion of Same-Day ACH will be made possible through the creation of a new Same-Day ACH processing window by the two ACH Network operators.

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PYMNTS

DECEMBER 17, 2019

The other strategy is to migrate to another payment rail, likely Automated Clearing House (ACH), which is quickly climbing the B2B payment ranks. Yet both of these strategies require a third-party service provider to facilitate payment processing, whether funds are coming in via check or ACH. The Check-To-ACH Migration.

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PYMNTS

APRIL 24, 2020

It’s been a boon for ACH payments, said Jeff Thorness, president of Forte Payment Systems , a CSG company. As Thorness explained, their embrace of ACH processing technologies is likely to have far-reaching impacts into how they send and receive payments with government suppliers, too, particularly as ACH innovation accelerates.

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The Paypers

MARCH 22, 2024

US-based Open Banking payment platform Link Money has partnered with Silicon Valley Bank (SVB) to augment ACH processing and money movement for its merchants.

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PYMNTS

NOVEMBER 23, 2020

According to John Innes, CEO of ACH Processing Company , the complex flow of B2B payments in the healthcare space has several areas of opportunity to not only bring efficiency to the process, but actually provide financial relief to both payers, like third-party administrators (TPAs), and payees, like dental offices and private practices.

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Fintech Finance

MARCH 21, 2024

Going forward, SVB will handle ACH processing and money movement on behalf of Link Money’s merchants, enabling Link Money to enhance its capabilities, scale faster and further improve its Pay by Bank solution.

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Agile Payments

JANUARY 22, 2019

Recurring ACH API For SAAS Platforms.

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Agile Payments

JULY 1, 2020

Even applications with a subscription model will likely do so, even though ACH processing lends itself very nicely to models with a recurring payment component. Any software application having a requirement to accept payments will most likely need to integrate a credit card solution.

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Agile Payments

JANUARY 8, 2019

Canada Electronic Funds Transfer processing options are scarce compared to the ACH processing providers available in the United States. Options are limited because of the small number of banks that run the payments sphere.

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PYMNTS

MAY 27, 2020

This week’s look at the latest in payments rails innovation finds players including Mastercard, Aflex and Paycor targeting existing card and ACH rails to expand their use for corporates, with a focus on reconciliation, data capture and transparency. Paycor Certified By NACHA. CUs Move Closer to RTP.

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PYMNTS

SEPTEMBER 9, 2016

With the Same Day ACH rollout coming in just two weeks and other faster payments initiatives taking off, financial institutions are taking significant steps to ensure the transition to a faster processing environment, including improving their payment security platforms to keep fraudsters at bay. Impact On Same Day ACH Rollout.

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PYMNTS

FEBRUARY 15, 2018

In fact, he said, they often create even more friction for small businesses because of interchange fees that can tack on a 3 percent processing charge for each of those dozens, or even hundreds, of transactions. Alas, ACH is a far-from-perfect payment rail, Koeppel admitted. We would love [ real-time ACH ]. “We

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PYMNTS

APRIL 9, 2020

With Visa and Mastercard each having made significant investments to capture more of the SMB segment through an array of payment rails, including card, ACH, and proprietary networks, SWIFT is joining a competitive landscape that aims to overhaul the payment rail status quo. Sila Raises Funding to Nix ACH.

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PYMNTS

MAY 10, 2019

13, 2018, NACHA , the rules and standards body for the ACH network, announced that its voting members had approved amendments to the NACHA Operating Rules & Guidelines to establish a third Same Day ACH processing and settlement window,” the Federal Reserve wrote in the announcement. “On Sept.

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PYMNTS

NOVEMBER 10, 2020

bank connections are an ideal complement to Mazooma's ACH processing platform, risk management features and compliance protocols," he added. ACH comprises about 35 percent of gaming industry payment volume, the release said, topping $150 billion for sports betting alone. . Plaid's optimized user interface and U.S.

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Evolve Payment

JULY 22, 2024

Why Credit Cards Are Essential for B2B Transactions A report by PYMNTS reveals that businesses accepting digital payments, including credit cards, reduce their Days Sales Outstanding (DSO) by up to 25% compared to those relying on traditional methods like checks and ACH payments. Here’s why: 1.

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PYMNTS

DECEMBER 23, 2020

Insurance plan providers looking to modernize may wish to use virtual card payments, John Innes, CEO of payments processing services provider ACH Processing Company, said in a recent PYMNTS interview.

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PYMNTS

SEPTEMBER 14, 2017

In a joint release , Vantiv and Visa said that the settlement time — received by merchants upon funding of debit cards — now takes minutes rather than one to three days, as is typical with ACH processes.

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PYMNTS

FEBRUARY 9, 2017

As described by Stone, T+3 settlement has been the standard for most stock market and mutual fund trades since 1995 when it replaced the T+5 settlement process. As T+3 was being implemented in the early 90s, the concept of using ACH was raised, but there were two problems that, at the time, were insurmountable.

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PYMNTS

JULY 28, 2017

The good news is that Same Day ACH is on the way, but experts continue to discuss how the initiative will impact corporate payments, if at all. At the center of many of these discussions is the issue of ACH underwriting, which sees FIs establish how long it takes for funds to actually settle into an account.

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BNG Payments

FEBRUARY 4, 2022

With the use of cash dwindling as a payment preference, debit and credit cards and ACH take over as the predominant payment methods. ACH debit payments allow donors to give directly from their bank account. This is done by using an e-check, which is a payment that goes through the automated clearing house (ACH).

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PYMNTS

JANUARY 28, 2021

Tempus Technologies solutions will be integrated with PNC’s existing payments platforms, such as the RTP Network, ACH, Wire Transfer and Zelle, said the company. APS, according to the announcement, replaces Vantage Bank’s legacy FedWire and ACH processing solutions, as well as positions the bank for real-time payments for its customers.

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PYMNTS

OCTOBER 4, 2017

The October edition of the PYMNTS Faster Payments Tracker™ , powered by NACHA, looks at notable developments in the global remittance market, including new real-time payment tools for SMBs, blockchain and the latest trends in faster payments infrastructures, including the recent rollout of Same Day ACH Phase 2.

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PYMNTS

SEPTEMBER 4, 2020

The company said it would use the investment to expand its product features with a focus on its automated lending infrastructure, and noted it will now include ACH processing in its offering. As organizations accelerate their sales digitization efforts, B2B eCommerce has jumped to the top of strategic planning initiatives.

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PYMNTS

JULY 31, 2020

To address many of these friction points firms face when passively selecting a payment processor, SYSPRO recently announced integrated card processing capabilities within its ERP. According to Ejantkar, the company is also developing capabilities to augment its existing ACH processing functionality through ERP integration, too.

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PYMNTS

MARCH 2, 2020

Those connections eventually led to an opportunity to take over management of a payments software solution firm called ProCheck, which specialized in helping businesses manage check, ACH and virtual card payments. She jumped at that opportunity, she told Webster, albeit perhaps without fully understanding what she was getting into. “I

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PYMNTS

AUGUST 22, 2017

the acquisition will help Fiserv advance its PEP+ ACH processing solution. “Together, Dovetail’s strong capabilities and our market-leading solutions create a powerful combination for Fiserv to deliver differentiated value for financial institutions and their customers.”. In the U.S.,

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PYMNTS

NOVEMBER 1, 2018

Its MissionPay Platform exists as an omnichannel payments-processing platform, marked by APIs for developers for integration with eCommerce and other sites, processing functions across credit card, debit card and ACH processing.

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Stax

DECEMBER 20, 2023

With flat-rate, transparent pricing; Level 1 PCI Compliance; and the ability to take all major forms of payments and online transactions, Stax has been consistently ranked as the (one of the) best credit card processing solutions for small businesses.

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Stax

FEBRUARY 28, 2024

Stax Connect: The Ultimate Platform to Monetize Payments At Stax Connect, we understand the complex and varied needs of SaaS companies adding payment processing to their suite of services. Our system is 100% PCI DSS compliant, while our in-house risk team monitors all transactions processed via your software platform to mitigate risk.

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Payment APIs and Integration Automation PCI DSS Fraud Prevention 88

Stax

NOVEMBER 6, 2023

If checks are the standard form of payment for your business or industry, here’s some good news: Stax has an electronic ACH processing feature for easy collection. You could always give them the ability to pay with more traditional methods, too. How Secure Are Mobile Payments? Mobile payments are much more secure than cash and checks.

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