Here’s How Electronic Payments Work.

by TScholl | May 26, 2017 | Checks, Credit Card Processing, eCommerce, Electronic Payments, Small Business Tips

  Here’s How Electronic Payments Work.   More and more consumers are opting for electronic payments, thanks to the convenience of making online payments compared to sending a check by mail, handling paper money, or even swiping a card.   Here is a...

How Safe is Online Bill Payment?

by TScholl | Aug 5, 2016 | Billing, Checks, Credit Card Safety, Electronic Payments

  How Safe is Online Bill Payment?   Online shoppers always look for convenience for shopping and payment options. However, security is on top of their mind when they shop online. Of course, who would want to be a victim of online fraud? Now, with advanced...

Is your eCommerce Business Ready for a Subscription Model?

by TScholl | Jul 8, 2016 | ACH Processing, Billing, Checks, Credit Card Processing, Electronic Payments, Small Business Tips

  Is your eCommerce Business Ready for a Subscription Model?   More and more consumers are opting for subscription services as opposed to the traditional ownership model. To accommodate these consumer preferences, an eCommerce business must change their business...

Same Day ACH Causing Fears for Some Banks.

by TScholl | May 12, 2016 | ACH Processing, Checks, Electronic Payments, Industry Changes

  Same Day ACH Causing Fears for Some Banks.   The adoption of same day ACH or Automated Clearing House payments is an important as well as timely innovation in the payments industry, allowing for faster transactions, quicker bill payments, and speedy access...

Paper Checks Overtaken by Electronic Checks.

by TScholl | Jan 28, 2016 | ACH Processing, Checks, Electronic Payments

  The Paper Check is on its Last Leg as the Electronic Check Takes Over! You can pretty much say that the paper check’s days were numbered since October 28th 2003. On that date, the Check 21 Act was passed and it came into effect a year later in 2004. Before...

ACH, Paper Checks, eChecks, Electronic Payments! Confused Yet?

by TScholl | Oct 22, 2015 | ACH Processing, Checks, Electronic Payments

  ACH, Paper Checks, eChecks, Electronic Payments? Confused Yet?   The terms “ACH” and “eChecks” are mentioned quite a bit in electronic payment circles. They have lead to some confusion in what they really mean. Is there a difference...