EBizCharge

SEPTEMBER 18, 2024

ACH payments offer a secure, reliable, and cost-effective way to transfer funds for payroll, recurring bill payments, direct deposits, and other routine transactions. Here are six essential ACH payment codes to know: PPD (Prearranged Payment and Deposit Entry): PPD codes are used primarily for direct deposit.

ACH 52

ACH IAT ACH Network Direct Deposit 52

Payment Savvy

FEBRUARY 23, 2023

There are two main ACH payment methods: direct deposits and direct payments: ACH direct deposits : Whenever you need to deposit your money to someone’s account, you can do it through ACH direct deposits. It is a kind of payment that goes from a commercial account holder to a consumer.

ACH 52

ACH Returns RDFI ODFI 52

Payment Savvy

NOVEMBER 10, 2022

In terms of ACH transaction types, there are two – ACH debits, also known as direct payments (when money gets pulled out of an account), and ACH credits, also known as direct deposits (when money gets added to the account). PPD/PPD+ – Prearranged Payment and Deposit Entry. RCK – Re-presented Check Entry.

SEC Codes 52

SEC Codes ACH ODFI Wire Transfer 52