| August 26th, 2022 |
In today’s rapidly evolving financial landscape, businesses face an array of choices when it comes to payment methods. Among the most prevalent are ACH (Automated Clearing House), EFT (Electronic Funds Transfer), and eChecks. Understanding the nuances and functionalities of each is crucial for businesses seeking the most efficient and cost-effective payment solution. ACH (Automated Clearing […]
Read more
| August 15th, 2022 |
In today’s dynamic business landscape, the ability to accept payments seamlessly and securely is integral to success. However, certain industries face higher risks due to various factors, such as chargebacks, regulatory complexities, or volatile markets. This necessitates the establishment of high-risk merchant account services, a crucial facet often overlooked but immensely valuable for businesses navigating […]
Read more
| July 25th, 2022 |
eChecks and ACH are pretty similar, and both terms are used interchangeably. ACH works as the ‘Automated Clearing House’ network, the process used for transferring money electronically from one bank account to another. An eCheck is the short form of “electronic check,” and it remains the most critical payment method because of the process. ACH […]
Read more
| July 12th, 2022 |
A merchant account is a type of bank account that enables businesses to accept and process electronic payment transactions safely. A merchant account allows businesses to accept payments either through debit or credit cards. Do you exactly know how a merchant account works? A merchant account works by charging customers a small fee in exchange […]
Read more
| May 12th, 2022 |
Instant check verification services are solely meant for ACH accounts and electronic check payments are utilized to validate bank account information before processing an eCheck payment. Incorrect data entry is the single most common problem of returned transactions. This is because check verification confirms that routing and account numbers are correct before the transaction is […]
Read more
| April 6th, 2022 |
In this modern age, online transactions have boomed. As a result, all the businesses who want to improve their payment process have accepted them. However, as many companies have changed how they buy and sell goods over the past years, demand for physical checks has continued to decline. This is why most of the popular […]
Read more