| July 27th, 2022 |
There remains no secret that ACH payments are cheaper to process than credit card transactions. The main reason is that the ACH network is not real-time like credit card transactions. ACH transactions usually originated from the NACHA rules, which include a timeline for receiving banks (RDFI) with which application’s customers typically have their bank account. […]
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| 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 […]
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| July 22nd, 2022 |
Same Day ACH has gained more improvements in late 2018 and is heavily utilized by merchants and integration partners. This blog further introduces one to benefits and provides a few real-life examples of same-day bank transfers in action. A Short Introduction To Same Day ACH Before we get into the details of Same Day ACH, […]
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| 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 […]
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| June 28th, 2022 |
Payment processing services indeed work to fuel every business, whether they are online businesses or offline businesses. They ensure that transactions are carried out to enhance customer experience and improve business reputation. On the other side, the entire credit or debit card transaction process appears simple and generally takes a few seconds. We can say […]
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| June 22nd, 2022 |
To establish a business online or offline, a merchant has to go through many difficulties beginning from the start of the idea to the end of the business. If we consider that merchants don’t have to experience struggle only at one point in time, but even during different phases of the business, they have to […]
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