What is High Risk ACH Processing?

Thanks to technology and new innovations, business is continuously evolving. This includes an increased movement toward an electronic, mobile infrastructure. ACH (Automated Clearing House) plays a huge role in this. What is ACH? ACH is a network the was established for financial transactions within the U.S. This network makes it possible for various banks to

EMB Offers Same Day ACH Processing Through Multiple ACH Partners

The Automated Clearing House (ACH) Network is the main network that processes much of the financial transactions in the US. ACH Processing Thanks to the ACH Network, money and information can be sent from one bank account to another through Direct Deposit and Direct Payment via ACH transactions. The latter transactions include: ACH credit and

Recent Survey Shows Same Day ACH Usage Is Strong

Same Day ACH is a new rule adopted by NACHA (National Automated Clearing House Association). The latter manages the development, administration, and governance of the ACH Network. Same Day ACH allows for payments to be processed within 1 business day, rather than the next day or day after. So Same-day ACH can be described as

Same-Day US Electronic Payments. Prior To Phase 2 of Same-Day ACH

According to the Electronic Payments Association, almost $5 billion in US electronic payments were brought in on the same day in October 2016. This happened after the adoption of new rules by financial institutions to accelerate the transfers. The trade group stated nearly 3.8 million same-day transfers (the average amount made up $1.303) were registered

The Importance Of Same-Day ACH

According to new data from the National Automated Clearinghouse Association (NACHA), the electronic payments association that manages the development, administration, and governance of the ACH Network, same-day ACH has successfully started after it was initially implemented in September 2016. In October 2016, ACH counted for 3.8 million transactions making up 55 billion. ACH is the

Important For Payday Loan Merchants – ACH Transaction Growth In 2015’s Fourth Quarter

ACH governing body NACHA (previously the National Automated Clearing House Association) has recently reported the total amount of transactions was 4.98 billion in 2015’s 4th quarter. This is up 5.5% from 4.72 billion registered in 2014’s fourth quarter. 2015’s third quarter had 5.9% increase. Fast-growing Transaction Codes Transaction categories related to one-time and recurring consumer

Get Your Business Ready for Same Day ACH Electronic Payments

A new rule by the Electronic Payments Association (NACHA) will enable same-day ACH payments. NACHA moves money between banking institutions with a guarantee of 48-hour transactions. Generally all financial institutions are required to participate because if the sender participates, the receiving bank must follow suite. When same-day ACH payment is adopted it could change everything,

ACH Payments in Real-Time on the Horizon

ACH payments are vital forms of debit payment. ACH (Automated Clearing House) is a network that processes electronic financial transactions in the United States. The system is safe, reliable and secure. It allows one-time or recurring debits from a customers’ checking account. The main problem with the system is the processing time.   The way

ACH and TCH Exploring Expansion of Tokenized ACH Check Processing Security

The Clearing House Payments Co. LLC is exploring implementing a token system to help protect sensitive consumer information for all automated clearing house transactions. TCH is already utilizing a tokenized credit card numbers and is seeking to expand that system in the wake of so many security breaches in the past six months. Credit card

Compare ACH Check Processing Rates Online

How to find the best ACH check processing program? Compare Online Are you looking for the lowest rate check processing? Do you need to accept checks online or over the phone, but need to compare the rates and fees of providers? eMerchantBroker.com has dozens of check processing companies in our network, all with an A+