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Navigating the ACH Landscape: Understanding Payment Types and Payment Codes

EBizCharge

RCK (Re-presented Check Entry): When a paper check is returned due to insufficient funds, the RCK code allows the check amount to be re-submitted electronically for payment. IAT (International ACH Transaction): IAT entries are used for international ACH transactions. and be processed through the ACH network in some capacity.

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What Does Return Mobile ACH Payment Mean?

Payment Savvy

Some of the most common ACH return codes are caused by incorrectly entered information or insufficient funds available, while others can be more complicated and include issues with authorization and more. What Are ACH returns? An ACH return means that the ACH failed to charge money from a customer’s account.

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ACH SEC Codes

Payment Savvy

IAT – International ACH Transaction Entry. All this is happening at the point of purchase and the check is returned to the customer. . Using the wrong SEC code can also result in an ACH return. COR – Notification of Change, or Refused Notification of Change. CCD/CCD+ – Corporate Credit or Debit Entry.