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 …
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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.
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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.
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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 …
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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)
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 …
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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 …
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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
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 …
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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
7 Lessons from Target's Breach
Although the attack drew attention to the need for bolstered cybersecurity measures, retail breaches show no signs of abating. Other major payments breaches at retailers since Target have included Sally Beauty, Michaels, Home Depot, Kmart and Staples, …
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The Single Most Important Metric to Measure to Improve Your Cash Flow
Make it easy for your clients to pay. Accept credit cards, PayPal, and other online payment options. Set clients up on auto-pay through an ACH bank draft or credit card. Take payments by phone or through your Web site. Make sure your invoice clearly …
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WSOP New Jersey: Independent Review and New Player Guide
The easiest way to make a deposit at WSOP NJ is to use the instant check feature, also known as an ACH payment. They typically have no fees and can accommodate both deposits and withdrawals, but must be used with a checking account. To transfer …
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TransUnion SmartMove(R) Partners With YapStone's RentPayment(TM) to Offer …
Through the YapStone integration, renters can submit rent payments, security deposits, or other fees to landlords using debit cards, credit cards, or ACH. "Traditional solutions for tenant credit checks and online payment solutions are based on monthly …
Read more on Marketwired (press release)
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.
Add your own answer in the comments!
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.
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Question by Beautiful Girl: How long does ACH payments take?
My boss said he sent the check out thursday but i thought i would see it in my bank account today , but its not there
Best answer:
Answer by Kevin Campana
– Standard funding time is 4 days. ACH Processing is very different from credit cards in this respect. The ACH transaction proceeds as if the customer has the funds in their bank account but the customer bank has to “report” to us the money was actually in the account and that is has officially been transferred. This can take 3 days.
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