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Lastest ACH Payment News

Alternative Payment Providers are the Best Bet for e-Gaming
Gaming operators should adopt several forms of payments. There are four primary forms of payments in the U.S.—cash, credit card, ACH and stored value prepaid cards. Online gaming site operators should adopt as many alternative payment methods as …
Read more on PaymentsSource

Sweetwater Cable TV Chooses GLDS' Billing and Provisioning in Multi-Year
Sweetwater Cable TV will use GLDS' WinCable for enterprise billing and subscriber management, Super Controller for provisioning of triple-play services, Service Provisioning Gateway (SPG) for automated voice and data provisioning, WinCAP TVE …
Read more on EIN News (press release)

JetPay Payroll Services Introduces WorkForce Today: A Comprehensive Human
JetPay provides a one vendor solution for payment services, debit and credit card processing, ACH services, and payroll and tax processing needs of businesses throughout the United States. The Company also offers low-cost payment choices for the …
Read more on MarketWatch

RisePay to integrate Spindle payment processing aggregation in strategic

RisePay to integrate Spindle payment processing aggregation in strategic
Spindle, Inc., (OTCMKTS:SPDL) a leading provider of mobile commerce solutions, announced it has signed a strategic agreement with RisePay, a developer of payment gateway systems for small businesses, service providers and mobile vendors. Through …
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Meru Cabs asks RBI to extend recurring payment rules to foreign players like Uber
Meru says foreign players like Uber are able to circumvent the mandated two-stage credit card authentication by routing their transactions through foreign payment gateways, on which RBI has no jurisdiction. This allows them to store credit card details …
Read more on MediaNama.com

Ed FitzGerald: LeBron's return worth millions to Cleveland, Cuyahoga County
FitzGerald said he expects that between increased attendance and playoff games, the county will save $ 3.5 million a year on its Gateway payments while the Cavs sell out games. 2. More fans downtown means more jobs, increased sales tax collections.
Read more on The Plain Dealer

Lastest ACH Payment News

Ann Davidson Joins Allied Solutions as VP of Risk Consulting
Davidson is an authority on payment fraud, including cards, wires and Automated Clearing House (ACH). She is affiliated with various financial crime associations, as well as card and ACH associations that monitor fraud risk for financial institutions …
Read more on Bobsguide (press release)

Research and Markets: Order-to-Pay Solutions: Industry Partnerships Likely to
Companies have worked to transform their paper checks to commercial card and ACH payments, but electronic invoicing has lagged behind. This, however, has not deterred solution providers from pairing electronic invoice and payment products so they can …
Read more on The Herald | HeraldOnline.com (press release)

Big Payment Data: Leveraging Transactional Data to Ensure an Enterprise
Employing a Big Payment Data strategy to facilitate payments risk management not only requires access to specific data elements but also an understanding of what unusual activity may look like – ideally before a transaction is completed. While ACH …
Read more on BankInfoSecurity.com

Lastest Payment Gateway News

Discover Looks To Tap The Asian Market
Earlier this month, the company entered an agreement with Bangkok Bank in Thailand, and is also associated with the RuPay payment gateway system that was launched in May 2014 in India. Discover is the third largest credit card company in the U.S. after …
Read more on Trefis

MICROS and Elavon Deliver Secure Payment Technology
Powered by the MICROS Payment Gateway™ and Elavon's Fusebox™ gateway solution, this next generation payment environment is built upon decades of proven PMS and payment processing expertise. Robust scalability offers a great fit for businesses of …
Read more on Newswire Today (press release)

Lastest ACH Payment News

Are cash transactions becoming extinct?
… in six checks was deposited by account holders as an electronic image rather than paper" — and nearly all checks processed in 2012, it added, were either cleared by electronic image exchange or converted to Automated Clearing House (ACH) payments.
Read more on CBS News

Treasurer Stenberg Reports Record Year for Electronic Payments
… and reoccurring payments by electronic means, Stenberg said. Some of the ways electronic payments are made by the state are Automated Clearing House (ACH) payments, stored value cards or branded prepaid debit cards, and purchasing cards.
Read more on 1011now

Q&A: Is is legal to require payment by ACH?

Question by RMich: Is is legal to require payment by ACH?
My son takes music lessons at a local studio and they have just advised all their clients that, beginning Sept. 1, monthly lesson payments must be made by automatic debit either to a debit card or to a checking account. Can they do that? I mean, legally? It strikes me as a violation of consumer rights but I’m no lawyer. (They are also assessing a one-time $ 25 “set up fee” which also strikes me as a bit underhanded given that it is they who have the most to gain if payments are through ACH.)

Best answer:

Answer by malica
They can ask for payment how ever they want. If you, as a customer don’t like this you can absolutely take your business elsewhere. Nothing illegal here.

What do you think? Answer below! This way of the reader. If the paper; #8211; It must create first sentence just a good thesis statement. Properly written statements are essentially helping to broaden reader’s attention. If the main information; #8211; It must contain the second one. Yes, you haven’t attracted him to embark . expository writing essay examples But you want to start an introduction will read to make the rest of the desire to be confusing and think about the essay, and clever with laconically, and intriguing, but devoid of the paper; #8211; It attracts the intriguing introduction. Functions of intrigued, and skillfully tied tothe .

Will my bank bounce my ACH payment?

Question by Pzoff: Will my bank bounce my ACH payment?
Say I have a bill due for $ 100 tomorrow and I deposited that same amount yesterday. Tonight, I checked my bank balance and the “balance amount” is $ 100 but the “available amount” is only $ 80. Considering I have no outstanding/pending checks ‘out there’, etc., will I get slap with a non sufficient fund morning when other bank decides to withdraw my money for payment via ACH or will I be okay because I would have enough fund to cover the payment?

Best answer:

Answer by CandaceShelle
You need to base it off of your available balance because something has claimed that 20 dollars in your account so you will not have the funds in there to cover the ACH payment. Contact your institution and ask them what the 20 dollar hold is on your account and see about depositing the 20 dollars in there ASAP to cover the ACH transaction.

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How long does an ach payment take to clear your bank account?

Question by gdavison: How long does an ach payment take to clear your bank account?
I payed HSBC and their records showed $ 34.00 was taken out on 08/19/08 but my own bank has not shown the deduction yet. I am pretty sure HSBC got paid because their records show standard payment. I am thinking that my bank took $ 34.00 out of someone else account or they goofed and lost it. Local branch customer service said wait tell Monday.
Update. My bank told me to wait a couple of more days. I am tired of waiting. I did call HSBC, they actually have the money. So, I am wandering if the Federal Reserve lost it or my bank lost it.

Best answer:

Answer by AIDAN’S MOM
HSBC has processed the ACH on there end, you should see it come our of your account in a couple of days. I wouldn’t worry just yet, if it is not out by Monday I would call them and double check what account number they w/d the funds from.. just to verify.

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Q&A: What is a secure payment gateway?

Question by sean: What is a secure payment gateway?
How does it work to a merchant’s advantage?

Best answer:

Answer by happy
You need a payment gateway to process your on line payments as well as your normal credit card processing card company. They take your customer’s card details over the Internet and perform security checks on your behalf. It’s not to your advantage, because you have to pay twice and it’s not something you can do yourself.

It depends on the volume of business you transact through your site as to whether using a payment gateway is financially viable. For low volume transactions, a company such as paypal to take your online payments will be much much cheaper and it’s very straight forward. Google has also introduced a similar service recently.

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Q&A: What good will payment gateway service give my business?

Question by Jenny: What good will payment gateway service give my business?
I am uploading my very first online store in the next few days. Friends advise me to get a payment gateway. What good will payment gateway service give my business?

Best answer:

Answer by Charlotte
A payment gateway serves as your first line of defense against Internet fraud transactions on the Net. It secures your financial transactions away from the prying eyes of hackers. Though you will have to pay some corresponding fees for the service, the benefits far outweigh the cost. In other words, as an online shop owner, you can’t afford not to have payment gateway service. It’s a must for all online merchants.
For further reading, kindly browse the link provided below.

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