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What is ACH Credit and ACH Debit and How Do They Work?

Stax

Understanding ACH credit payments means understanding the way in which different types of ACH payments are processed in the US banking system. ACH credit payments differ from ACH debit payments and both are distinct from credit and debit card payments. What are ACH Debit Payments?

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Thunes Launches New Global Business Payments Service

Fintech News

Global payments company Thunes has introduced ‘Thunes Business Payments’ , a new service aimed at helping enterprises, merchants, banks, and mobile wallet providers streamline international business transactions. The launch is targeted at members of Thunes’ Direct Global Network.

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Coupa and Bottomline simplify business payments

Finextra

Coupa, the margin multiplier company, and Bottomline, a global leader in business payments, announced a strategic partnership to simplify and optimize payment processes for businesses.

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ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire

Stax

And on that note, two of the most common modes of electronic funds transfer are ACH and wire transfers. In this post, we’re going to review ACH and wire transfers, look at their similarities, and then see how they compare against each other. A typical ACH transaction is like a machine with multiple moving cogs.

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How ACH Business Payments Pave The Way For US Open Banking

PYMNTS

According to the company’s Co-founder Tyler McIntyre, the breed of entrepreneur that flocks to a digital-first bank is the type of business owner who uses digital payments over checks. “The majority of our customers are using ACH,” he told PYMNTS in a recent interview. and Europe.

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ACH Network Adds More Than 1B New Payments In 2018

PYMNTS

NACHA, the steward of the ACH Network, announced Tuesday (Feb. 19) that last year was a milestone year for the ACH Network with payment volume climbing to close to 1.5 billion payments. In a press release , NACHA said it is the fourth year in a row that the ACH Network added more than 1 billion new payments.

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Waza Launches Lync, a Multi-Currency Banking Platform With Global Payment Rails for Emerging Market Businesses

Fintech Finance

The platform offers multi-currency accounts, starting with USD, EUR, GBP, NGN and Stablecoins, with payments to more than 100 countries. Businesses seeking to expand internationally and companies that regularly engage in international payments can also leverage the platform.