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 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,…