Plans Move Forward for “Same Day ACH”

You know about ACH — those Automated Clearing House payments that we also offer here at AVPS. Sometimes called “Electronic Check Processing,” it is, as our own website notes, “a form of electronic payment… often confused with a wire transfer because it works in a similar fashion. However, unlike a traditional wire transfer, it can be used to process higher amounts, or for small payments which may settle from 1 to 2 business days.”

ACH Transactions Have Multiple Business Applications

ACH Transactions Have Multiple Business Applications The Automated Clearing House, or ACH network, facilitates electronic transfers. Companies can send transactions…