On March 16, food retailers will be able to start using a new mechanism for processing checks that promises greater efficiencies and cost savings than traditional methods. Called back-office ...
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 ...
Nacha, the electronic payments association, is launching new initiatives that leverage programming language and the automated clearing house network to aid business-to-business payments and low-value ...
iPay Digital revolutionizes ACH payments for businesses, offering cost efficiency, faster settlements, and security. Join the future of payment processing! NEW YORK ...
1.Cost Efficiency: The adoption of eCheck payments translates to lower transaction fees, resulting in substantial and sustainable cost savings for businesses of all sizes. 2.Enhanced Security: A ...
Automated Clearing House, or ACH, payments power billions of transactions every year, yet many people don't fully understand how they work. Whether you're receiving a direct deposit from your employer ...
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 ...
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 ...