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Why Faster Payments Isn’t The Answer To Accounts Receivable Delays

PYMNTS

When NACHA first released its Same Day ACH capability, only about 6 percent of the first 2 million transactions made in the service’s first 11 days were B2B payments. With faster payments functionality beginning to take off in the U.S.,

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GoCardless Debuts In US With Recurring ACH B2B Payments Sevice

PYMNTS

and is expected to be more widely used than traditional payment methods, like checks, by 2020,” the company wrote, citing data from National Automated Clearing House Association (NACHA). “ACH debit is becoming an increasingly popular choice for B2B payments in the U.S.

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Will Same Day ACH Rollout Spark A Fraud Spike?

PYMNTS

By moving payments between FIs more frequently, counterparty hazards can also be reduced, and credit limits may be managed more robustly. The PYMNTS Faster Payments Tracker™ , powered by NACHA, is your go-to resource for staying up to date on a month-by-month basis. About The Tracker.

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Managing Accounts Receivable in NetSuite: Tips and Tricks to Handle Credit Card and ACH Transactions

EBizCharge

Establish clear credit policies Transparent credit policies will clearly outline terms for extending credit to customers to reduce bad debts, eliminate risks, and establish consistent credit extension guidelines. Credit limits based on customer risk profiles manage exposure to bad debts.

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