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Navigating the ACH Landscape: Understanding Payment Types and Payment Codes

EBizCharge

Bill-pay services often use CIE entries on behalf of a consumer after the successful completion of a PPD or WEB debit. IAT (International ACH Transaction): IAT entries are used for international ACH transactions. For an entry to be marked as IAT, it must be a payment instruction, involve a financial institution outside the U.S.,

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ACH SEC Codes

Payment Savvy

Another thing is that payment methods such as credit or debit cards have expiration dates. Once a card expires, you might be unable to receive your payment. Since in ACH payments bank accounts are involved, and not cards, the chances of involuntary churn happening become lower. Debit Card/POS Entries.