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Blend Teams Up with Instant Payments-as-a-Service Specialist Astra

Finovate

.” Funding by card is an increasingly popular option given the relative inconvenience of other methods, such as ACH transfers. The company’s API facilitates seamless fund transfers between bank accounts and cards, providing a fast, secure, and built-for-scale alternative to traditional fund transfer methods such as ACH.

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Amazon Business Adds Invoicing, Allowing Buyers To Delay Payment

PYMNTS

For any invoiced orders that you receive on Amazon, your payment on these orders will be credited to the available balance of your Selling on Amazon account as soon as the customer payment is processed and no later than the seventh day past due date of the customer’s invoice.”. percent of the total invoice cost.

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Fighting Employee Turnover With Instant Access To Earned Wages

PYMNTS

They might select a slower delivery method — such as transmittal via the ACH network, which comes with a lower fee — should they realize they have a bill coming up in a few days. . “If If I’m planning for the end of the week and don’t need my money literally this instant, I could opt to receive money through ACH,” Lee said.

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Amazon Business Invoicing Feature Takes Effect

PYMNTS

Pay by Invoice will not be available to every buyer on the platform – only those approved by Amazon Business. Payment can be made via wire, EFT, ACH or check.

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How long do pending transactions take to clear?

EBizCharge

While pending transactions temporarily reduce your available balance, they dont affect your current balance until they clear. Pending charges may also result from direct or check deposits that require time for the Automated Clearing House (ACH) or the payment processor to verify and complete the transaction.