Automation, Electronic Fund Transfer Act (EFTA) and Processing Costs

5 Benefits of ACH Payments Over Check Payments

Stax

NOVEMBER 11, 2024

ACH transfers, or payments made through the Automated Clearing House network, account for billions of dollars in payments annually. The average consumer commonly uses the ACH network for automated bill payments and larger transactions. In fact, NACHA, the nonprofit that governs the ACH payments network reported 6.1% in Q4 2021.

ACH

ACH Checks Identity Theft Payments

What is a Cash Discounting Program and How Does It Work?

Stax

SEPTEMBER 24, 2024

It’s meant to incentivize customers to pay using cash and reduce the costs associated with accepting electronic payment methods. On the other hand, surcharging passes the processing cost to the customer. On the other hand, surcharging passes the processing cost to the customer.

Credit Cards

Credit Cards Electronic Fund Transfer Act (EFTA) Push-to-Card Debit Card

Payments Space

5 Benefits of ACH Payments Over Check Payments

What is a Cash Discounting Program and How Does It Work?

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