PYMNTS

APRIL 4, 2018

The joint effort is designed to explore opportunities to help gig workers get paid more quickly and efficiently, allowing them to receive payments within two to three business days. How Smarter Payments are Enabling Instant Tax Refunds. Approximately 15 million tax filers begin the process of getting a refund in January.

Tax Refunds 40

Tax Refunds Blocks Payment APIs and Integration Faster Payments 40

Stax

SEPTEMBER 17, 2024

TL;DR ACH is cost-effective and ideal for recurring payments, with transfer times ranging from 1-3 business days. However, the initiator can choose to pay extra fees for same-day processing. Typically, the turnaround time for debits is one business day, and up to two business days for credits.

Wire Transfer 88

Wire Transfer Wires Wire ACH 88

Stax

APRIL 23, 2024

Most small business owners and employers are turning to ACH payments instead paper check payments because of the ease and instant access the ACH network provides. ACH transactions provide a quick and easy way to pay employees, submit and retrieve tax returns, and automatically control your finances within 1-2 business days.

ACH 88

ACH Direct Deposit ACH Network Wire Transfer 88

Stax

NOVEMBER 13, 2024

Many businesses prefer ACH credit payments for paying suppliers or vendors, especially when the amounts vary or when the payments are made irregularly. It allows businesses to control payment timing based on cash flow and due dates. Government agencies use ACH credit to distribute tax refunds, rebates, and other reimbursements.

ACH 88

ACH ACH Network Payer Payee 88

EBizCharge

APRIL 25, 2024

The importance of EFTs EFTs are integral to modern transactions, as they offer convenience and efficiency for individuals and businesses to make domestic payments promptly and safely without the need for physical trips to financial institutions. Business days are pivotal, as weekends and bank holidays can extend the timeline.

Wire Transfer 52

Wire Transfer Wires Wire Electronic Funds Transfer (EFT) 52

Payment Savvy

MAY 16, 2023

Direct deposits enable entities like government agencies and businesses to deliver funds to the intended recipients efficiently, streamlining the payment process and reducing administrative costs. By using direct deposits, recipients can access their funds quicker and more securely compared to traditional paper checks.

ACH 94

ACH Same Day ACH Direct Deposit Consumer Financial Protection Bureau (CFPB) 94

Nanonets

APRIL 8, 2024

This is why ACH payments generally take 1 – 3 business days to execute, though ACH payments are increasingly same-day when submitted during business hours early enough in the day. ACH credit transactions can include your payroll, government benefit payments, tax refunds, or invoiced payments for contractors.

ACH 52

ACH Wire Transfer ACH Network Tax Refunds 52