ACH payments are electronic transfers between bank or credit union accounts often used for direct deposit and autopay. An ACH ...

The Check 21 law created the substitute check, or image-replacement document. After six years and a brief boom, IRDs are on their way to the payments dustbin, just as Check 21’s backers intended. What ...

The automated clearing house network is maturing, bringing slower growth rates and probably slowing fee revenue. Payments executives say businesses are trying to reduce their costs by shifting more ...

Together, the savings from converting checks to ACH for the retailer would be 59.9% of total check-processing costs, or $4.4 million across its stores. By comparison, the savings from back-office ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Business fraud is relentless. Scammers have learned how to ...

eChecks and ACH are so similar that the two terms are often used interchangeably. That’s because both eChecks (electronic check processing) and ACH (Automated Clearing House) move funds from one bank ...

ACH payments can lower processing costs and simplify bank-to-bank transfers. Learn how ACH works, what it costs, how long it ...

Payment processing can be daunting for small business owners, but it doesn’t have to be. Credit and debit cards are the most common form of payment, especially for online services. But it’s beneficial ...

CLEARWATER, Fla.--(BUSINESS WIRE)--Certegy, a leading ACH payments and risk management company, today announced the launch of its new Virtual Terminal platform, allowing both in-store and mobile ...

ACH cost advantage: ACH transfers can save businesses significant fees on large or repeat payments, though they settle slower than card transactions. PCI compliance mandate: All businesses handling ...