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ACH Volume Grows to Hit 25.6 Billion Transactions in 2016.

by TScholl | Apr 27, 2017 | ACH Processing, Electronic Payments, Small Business Tips

  ACH Volume Grows to Hit 25.6 Billion Transactions in 2016.   Automated Clearing House (ACH) volume has registered another high, growing by over 1 billion transactions last year, according to NACHA. In 2016, traffic on the network hit 25.6 billion...

ACH Payments Increase Sales by 6%.

by TScholl | Jun 10, 2016 | ACH Processing, Billing, Electronic Payments

  ACH Payments Increase Sales by 6%.   What’s the buzz about Automated Clearing House (ACH)? Does ACH help increase sales? Merchants are making the most of the low ACH cost to create an attractive reward for consumers that is more of an attraction for...

Same Day ACH Rolling Out in Phases Starting 2016

by TScholl | Jul 23, 2015 | ACH Processing, Industry Changes

  Same Day ACH Rolling Out in Phases in 2016, 2017, and 2018   At the moment, most ACH (Automated Clearing House) payments are settled on the next business day. There are many scenarios where businesses and consumers could benefit from same day ACH...

Merchants Can Reduce Payment Processing Costs by Using eChecks (ACH)

by TScholl | Jul 9, 2015 | ACH Processing

  Merchants Can Reduce Payment Processing Costs by Using eChecks (ACH) Instead of Debit Cards. There has been a significant change in the way we used to make payments, with the introduction of new ways to pay bills, from paper checks to ACH and eChecks to credit...

Remotely Created Checks May Be Banned Soon

by TScholl | Dec 13, 2013 | ACH Processing, Checks, Industry Changes

Remotely created checks may be banned soon because of high cases of fraud The Federal Trade Commission wants to ban some payment methods that are being used by legitimate telemarketers as well as fraudsters. The FTC is doing so because of high rates of fraud involving...

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