Category Archives:ACH Payment
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ChangeTip Wants To Kill Clickbait With Social Bitcoin Micropayments

ChangeTip Wants To Kill Clickbait With Social Bitcoin Micropayments
The closest we've yet come to a functioning, mass adopted micropayment model is arguably app stores, where the mobile device user has attached their payment credentials to their device account or carrier — allowing them to purchase apps for small …
Read more on TechCrunch

MetaBank(R) announces agreement with UniRush, LLC to issue the Prepaid
MetaBank(R) , through its Meta Payment Systems(R) (MPS) division, delivers innovative financial products that change the way people use, borrow and manage money. Based in Sioux Falls, South Dakota, MPS is a recognized leader in the prepaid card …
Read more on Wall Street Journal

BOARD OF SUPERVISORS MEETING Minutes 8/26/14
Moved by Hertle, seconded by Wiley, to approve checks numbered 211331 through 211504, payroll checks numbered 137706 through 137748, and ACH deposits numbered 21465 through 21735, for payment. All members voting aye thereon. Motion carried.
Read more on Vinton Today

International Payment Processing Company PacNet Services to Attend ERA
Some of the payment facilities offered by PacNet include check processing, credit card processing in 130 currencies, direct debit, EFT, ACH and bank transfer collection from the US, UK and around the world. PacNet also initiates outgoing payments by …
Read more on IT Business Net

Woman Must Arbitrate Payday Loan Claims

Woman Must Arbitrate Payday Loan Claims
… deposit payday loan proceeds or debit payday loan payments from customers' bank accounts in states where the loans are illegal and unenforceable without defendants' willingness to allow the illegal online payday lenders to access the ACH Network …
Read more on Courthouse News Service

Property taxes due Wednesday

Property taxes due Wednesday
Residents can set up ACH payment plans. These payments are automatically deducted from a checking or savings account. Payments are spread over either a quarterly or 10-month period. It's easy to sign up for and easy to cancel. Call (320) 656-3870 and …
Read more on Dairyland Peach

New payment solutions debut at Finovate
WingCash—Through its service, people make purchases using a cloud-based, smart ewallet and pay using digital cash, including branded egifts, epromos, eloyalty, and erewards. • Knox—Facilitates ACH payments online using a user's online banking login.
Read more on ABA Banking Journal

How long does ACH payments take?

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.

Know better? Leave your own answer in the comments!

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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Weber County Commission

Weber County Commission
PUBLIC NOTICE is hereby given that the Board of Commissioners of Weber County, Utah will hold a special commission meeting in the Commission Chambers of the Weber Center, 2380 Washington Boulevard, Ogden, Utah, commencing at 8:00 a.m. on …
Read more on Weber Sentinel News

Firco Continuity V5 provides next-generation security capabilities
Firco Continuity is multi-alphabet ready and can be interfaced to any banking application, operates on all major platforms, and filters any message type including ACH, SWIFT, FEDWIRE, and SEPA. The solution can filter against any sanctions list (such …
Read more on Bobsguide (press release)

Wisconsin DMV Launches Online Crash Reports Service
Users can then purchase the reports through a secure online credit card or ACH payment and receive a downloadable PDF report they can print and save. One or multiple crash reports can be purchased at a time. More on the new Crash Reports service can …
Read more on Business Wire (press release)

Question about ACH payment?

Question by Kin: Question about ACH payment?
Im supposed to get an ACH payment, the payroll said they sent it out this morning and may take a day or two. So funds should be available saturday morning?

Best answer:

Answer by cainvest1
ACH payments only settle Monday through Friday at most banks. If they sent it today as a payroll day-cycle item it will credit your account tomorrow. If it was sent as a normal night cycle payroll item you will receive credit on Monday.

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BOJ ponders penalties … For breach of RTGS rules

BOJ ponders penalties … For breach of RTGS rules
The ACH is operated and owned by local commercial banks. The threshold for large payments was lowered from J$ 3 million to J$ 2 million in 2013. Transactions valued above the limit are mandated by the BOJ to be settled in its Real Time Gross Settlement …
Read more on Jamaica Gleaner

Mayfield Heights couple receives nasty phone calls demanding early credit card
Per the Credit Card Accountability, Responsibility and Disclosure Act of 2009, companies must give you the same due date every month and, in addition, must send statements 21 days before a payment is due. Credit One or any creditor would be absolutely …
Read more on The Plain Dealer