Digital Commerce & Payments Update
The order similarly restricts the bank's activities related to credit card merchant acquiring and ACH merchant payment processing. The order does not prohibit the bank from issuing prepaid cards through existing distribution channels under existing …
Read more on JD Supra (press release)
MyECheck Announces New Agreement to Expand Business with Simplifile
MyECheck's fully electronic check service allows Simplifile to collect payments from customer accounts that cannot be debited by ACH, such as certain escrow accounts and government account. As a result of using MyECheck's technology side by side with …
Read more on Baystreet.ca
Photo gallery: Entertainment July 29
Be sure to include your name, daytime phone number, address, name and phone number of legal next-of-kin, method of payment, and the name of the funeral home/crematory to contact for verification of death. For more information about placing obituaries, …
Read more on Kansas City Star
PacNet Services to Attend Internet World 2014
Some of the payment facilities offered by PacNet include cheque processing, credit card processing in 130 currencies, direct debit, EFT, ACH and bank transfer collection from the UK and around the world. PacNet also initiates outgoing payments by …
Read more on IT Business Net
Payment Savvy is Now Offering Complimentary Payment Processing
From business owners who are looking for the best solution to accept credit cards to managers who wish to use the company’s state-of-the-art ACH payment processing software, thousands of clients use Payment Savvy’s outstanding products and services.
Read more on InsideARM
Real-time payments: coming to America?
Banks are pretty consistent in their defence of the status quo: “ACH in the US is pretty darn effective,” said the payment executive at a major bank in an interview, noting that with ACH, Fedwire, cards and wires, users have a good range of choices. “I …
Read more on Banking Technology
How to stop ach payday loans
Halal food is the best food for your health. However, as a member of UCU? Stay away from this place. If you have a mortgage on your home, payment is due upon registration? If you are having difficulty making payments and want to see which options fit …
Read more on album reviews site
Aptys Solutions Adds Industry Veteran Rose Davis to Senior Management Team
Rockwall, Texas-based Aptys Solutions provides financial institutions with a unified platform to support all methods of payment including image exchange, ACH processing, wire processing, payments archive, Federal Reserve messages, least cost routing, …
Read more on MarketWatch
Question by Genevie: What is the difference between an automatic draft (for online bill payments) and ACH payments?
I have recently set up a very basic savings account at my mothers credit union and yesterday when I called the credit union to ask if I could set up online payments to come out of this account, the teller told me that this account only accepts ACH payments. What does that mean?
Best answer:
Answer by Go with the flow
She might have meant ACH deposits only.
Like direct deposit from your employer.
All savings accounts I know do not allow debits to pay your bills.
For this, you would need a checking account.
*That’s the difference between a savings account and a checking.
If you could pay bills with a savings account, then there would be no difference between the two accounts.
They would both be called checking accounts.
Give your answer to this question below!
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!
Question by Adam: ACH Payments?
Hello,
I am building a website that allows tenants to pay rent online to landlords. I am operating as a portal I do not want to hold on to any money but want to apply a small fixed fee to each transaction. I am trying to build it right inside of the site. If anyone could point me in the right direction. I found Dwolla but they want each person to leave the website. I am not interested in these pre existing rent sites that charge a high rate.
Thank you
Adam
Best answer:
Answer by falsi fiable
A very bad idea! You should find a merchant processing portal that passes back payment confirmation to your website. Charging tenants a fee is most likely illegal. Why would anyone use your portal?
Add your own answer in the comments!
The Real-Time Payments Revolution
In spite of the clear need for a ubiquitous faster payments system in the U.S., in August of 2012, NACHA failed to pass its Expedited Processing and Settlement (EPS) program to change the network rules. This would have expanded same day ACH …
Read more on Banktech
Bank says ZeekRewards settlement key to its survival
TPPP-TX, along with at least 22 Internet payday lenders it had as clients, were able to make authorized and unauthorized debit withdrawals from customer accounts through the ACH (automated clearinghouse) electronic payment network. As a result, the …
Read more on Winston-Salem Journal
Physicians' Rights Regarding Electronic Funds Transfer Focus of CMS Update
Fast forward to a recent CMS administrative simplification e-mail update directed to Medicare participating physicians in which CMS urged physicians to consider receiving EFT payments through the Automated Clearing House (ACH) Network. The ACH …
Read more on AAFP News Now
Are e-checks a safe way to pay for travel?
E-checks come in two basic flavors: Check21 electronic payment processing, which is more flexible but also more expensive, and the more restricted ACH wire deposit payments, which are commonly used for handling direct deposits for employees and for …
Read more on MiamiHerald.com
A guide to breaking up with your bank
Some examples of bills to watch for: utilities, credit cards, loans, gym memberships and payments that may come up once or twice a year like charitable donations and insurance payments. Move over whatever cash is left. … Transfers from one financial …
Read more on Washington Post
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
Western Union Business Solutions and Aptys Solutions Announce New …
Rockwall, Texas-based Aptys Solutions provides financial institutions with a unified platform to support all methods of payment including image exchange, ACH processing, wire processing, payments archive, Federal Reserve messages, least cost routing, …
Read more on CNNMoney
TCI ePay is Changing the Way Oilfield Service Companies and Oilfield Suppliers …
TCI ePay gives buyers a streamlined way to eliminate paper checks, migrate to ACH and pay their suppliers much faster. Furthermore, a built-in “Pay Me Now” interface delivers an early-pay option for suppliers where they can get paid in under 24 hours.
Read more on PR Web (press release)
