Remove IAT Remove NACHA Remove Payroll
article thumbnail

Navigating the ACH Landscape: Understanding Payment Types and Payment Codes

EBizCharge

ACH payments offer a secure, reliable, and cost-effective way to transfer funds for payroll, recurring bill payments, direct deposits, and other routine transactions. This is particularly important when dealing with time-sensitive transactions where funds must be available by a specific date, such as payroll direct deposits or bill payments.

ACH 52
article thumbnail

What Does Return Mobile ACH Payment Mean?

Payment Savvy

Common ACH direct deposits include payrolls, benefits, tax refunds, or interest payments. 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. How Does an ACH Transaction Work?

ACH 52