Electronic Funds Transfer (EFT) is a convenient way to receive and send payments in non-paper form. It is an electronic…
Year: 2011
Automated Clearing House: What Portion of Check Processing Do They Perform?
Automated payments are sent through an electronic network for authorizations and funds transfer. Each transaction is sent to a clearing…
ACH Transfer: Embracing Technology Driven Payment Processing
Your company can use ACH or Automated Clearing House transactions for many purposes including paycheck direct deposit, local customer payments,…
Accepting E-Checks: Making the Switch to Electronic Transaction Management
Technology has changed the methods for accepting various forms of customer payments both in person and online. E-checks are a…
Small Business Merchant Payments: Merchant Accounts for Small Businesses
Running a small business has its pluses and minuses. On the plus side, small business owners often feel more “in…
The Benefits of an ACH Account: Two Perspectives
ACH (Automated Clearing House) accounts allow businesses to make and receive debit payments over an electronic system. According to research…
What is an ACH Payment?
What should businesses do when customers wish to pay by check online? Should they say no checks allowed, or is…
ACH Transaction vs. Credit Transaction: Which is Better?
For many consumers, giving up their credit cards would be like giving up their clothes: they couldn’t go anywhere, or…
Check Payment Services: Are they Necessary in the Credit Age?
Most Americans have a love-hate relationship with credit cards, and it’s easy to see why. If you’re wealthy, you essentially…
