Category Archives:ACH Payment
High Risk & Low Risk Merchat Services

Q&A: online ACH payment put me over the limit, please help!?

Question by Devin E: online ACH payment put me over the limit, please help!?
I recently recieved a credit card from capital one. I have a line of $ 500 credit, and have been making transactions but have also been paying them off. recently I have made a couple transactions that have put me close to my limit but certainly not over it. I checked the account online today and it said it was over the available credit limit so i checked the recent transactions and saw that there was an “online returned ACH” payment for $ 100 which ut me over the limit. What does that mean and how do i fix it? Will this hurt my credit score?

Best answer:

Answer by Jessica
Capital One is evil.

Know better? Leave your own answer in the comments!

What is ACH Payments?

Question by kumaran: What is ACH Payments?
ACH payment is one of the latest payment transaction.
For more information
http://www.firstdatacardprocessing.com/check-processing/ach-payment-processing

Best answer:

Answer by SumDude
ACH = Automated Clearing House, where banks trade checks and settle up the debts and transfers of their customers. Used to be with the real paper checks people wrote, but now more electronic. The credit card company just makes an electronic image of your check*, and your bank (through the ACH) gives the money (as an electronic credit) to the cc company, and deducts the balance from your checking account; and your bill to the cc company is settled (paid).

* or totally electronic debits and credits if you pay on line.

Know better? Leave your own answer in the comments!

Lastest ACH Payment News

PayStand takes on PayPal with a new e-commerce service that accepts bitcoin
PayStand accepts both credit cards and automated clearing house (ACH) payments in the from of eChecks and Dwolla transfers, but it is also making bitcoin a key element of its service, allowing merchants to deal directly in the crypto-currency if they …
Read more on GigaOM

Pennsylvania District Saves 000 Annually with E-Payments
We now have more flexible payment options — ACH, AP Cards and electronic print check — and we like the fact that NVoicePay is proactive in following up with our suppliers" added DeAngelis. More information is available at nvoicepay.com. About the Author.
Read more on T.H.E. Journal

Payment Data wraps up 2013 with net loss

Payment Data wraps up 2013 with net loss
The company specializes in providing payment-processing solutions for merchants and billers. Payment Data Systems blamed the decrease in revenues on lower transaction volumes in its Automated Clearinghouse (ACH) and prepaid card business …
Read more on San Antonio Business Journal (blog)

How to stop payment on ach payday loans
Payday maintains ongoing communication with hundreds of tax authorities to ensure that we are up to date with the how to stop payment on ach payday loans payroll tax laws and procedures. If you have questions please call 1-877-336-7397. Since sales …
Read more on album reviews site

linked2pay Garners Gold Medal for Top ACH Innovation at Payment Industry's
In 2002, transmodus began building the platform and in 2011 launched linked2pay, a bundled payments processing product that provides quick and secure ACH payments that are as easy to transact as credit card payments and can provide considerable cost …
Read more on The Herald | HeraldOnline.com (press release)

Do offshore merchant accounts accept ACH payments?

Question by shawnda: Do offshore merchant accounts accept ACH payments?
or do they only accept credit card?what other modes of payments do they process?

Best answer:

Answer by jocular2005
Call this number on the web site I will list below for you. They can answer all those questions. I know the have a free terminal program so you get them for free. They also give you free software for your web site to accept credit cards, & checks ect.
So if you don’t get set up with them at least maybe they can help you with your other questions.

Give your answer to this question below!

Lastest ACH Payment News

PayStand Out of Beta And Ready To Take On PayPal
PayPal and PayStand accept both credit cards and (ACH) payments in the form of eChecks and Dwolla transfers, but PayStand takes the game to a whole new level by driving consumers toward bitcoin transactions. PayPal also revealed new plans. Click here …
Read more on PYMNTS.com

MyECheck to Provide Fully Electronic Check Services to VX Gateway
About MyECheck MyECheck Inc. is a leading electronic payment technology developer providing a new electronic payment method that is replacing cash, paper checks, credit & debit cards, and ACH "e-check" payments. MyECheck operates under license to …
Read more on Broadway World

Make Online Money Without Spending Any

Unless you have been living under a rock by now, you must know there are plenty of entrepreneurs, freelancers, or simple individuals with a passion for the web who have chosen to dedicate their time and effort to developing money-producing online businesses. Most people think you actually need to invest some money into developing a product, a service, a site, or at least an idea that can then grow and bring them profit. In reality, there are plenty of things you could be doing online in order to make nice money without having to worry about finding the right financial resources to get started.

 

Help People Get In Touch And Get Paid For It

One of the greatest ideas in this regard is help suppliers and buyers get in touch for the benefits of both of their businesses. This way, you will get to be paid a nice referral fee. These referral fees are extremely popular right now, even though their online version is yet to evolve however, with the evolution of networking and the strengthening of networking safety, you can now visit various specialized business referral sites and get in touch with people who can help.

These referral fees are normally established by the vendors who will pay you the moment the business transaction will be completed. Referral programs that are created by merchants with the purpose of facilitating business meetings and transactions are also highly popular at the moment.

 

Connect Employers With Potential Employees

Do you have a friend who is looking for a job at the moment? Have you heard of a certain company or organization that is hiring and you think it would be a perfect match for your friend. Go online and come across a great number of web sites that are going to allow you to do just that. Like the previously mentioned referral program, these particular job-hunting referral programs will require you to connect prospective employees with employers – and get paid for it. The referral fees vary from case to case, but if you manage to successfully connect a huge company with a top specialist, you should expect quite a commission to be coming your way.   

 

Blogging – It’s Free, Fun, And Profitable

Setting up an online blog is easy as pie nowadays. Thanks to the numerous blog developing platforms that exist today, you should have no problem using an already existing template and creating a blog in just a few minutes. Add the right type of relevant content to it, bring plenty of traffic, throw in a couple of ads and you will manage to get quite a profit. The great news is no web design or programming knowledge is necessary when setting up a blog.

Use Google AdSense or find a platform that enables the automated creation of a blog that is going to directly connect you to Google AdSense. Check out affiliate links or join an affiliate marketing program once your blog is set up and you could be scoring some impressive figures. You can click here and discover AffPower, an amazing affiliate marketing program for casino lovers. Look at the brand you could be promoting via your blog and get in touch with a team of professionals, plus a once in a lifetime offer for a 45% lifetime revenue share.

 

Pros And Cons Of Electronic Card Processing

Electronic card processing has its advantages and drawbacks like any other type of business. Unfortunately, not all business managers are aware of these lists of pros and cons of accepting credit cards, and they often times make the wrong choices when deciding to sign or not to sign up for such merchant options. Below you will find brief descriptions of the pros and cons so you can make an informed decision next time you are faced with one.

Benefits Of Accepting Merchant Accounts

You will get to enjoy an extra degree of security as compared to working with cash only. No more large amounts of cash lying around in your drawer, tempting robbers or employees. Also, no more risk of having your employees give out the wrong change to clients. Merchant accounts will also enable you to boost your sales due to the fact credit card orders are known to be larger than cash orders. The faster your checkout line, the faster you will be able to accept payments completed through credit cards. There is also the possibility to save some more money by actually accepting credit card payments as opposed to cash, and this is always good for the business. Another thing that is highly recommended for any business that uses communication systems to boost sales is the VoIP Addsource option. Managers can obtain bigger ROI rates and better communication options and we invite you to check out their full offer for a better insight into their work.   

 

Drawbacks Of Credit Card Processors  

 

Accepting credit cards will automatically increase the risk of credit card fraud over the internet; it will also generate costs attached to accepting credit card transactions, and there is always the risk of a chargeback. As long as you will respect the rules of the credit card companies you will be accepting, you should have no problems. However, keep in mind that consumers are prone to receive more protection when using their credit cards to make a payment in one of your stores, and they are known to win most disputes against merchants.