What Are the Benefits of ACH Payments?
There are a number of benefits you can enjoy if you take ACH payments. Continue reading to discover how accepting ACH payments can benefit you and your business. ACH Payments Are Convenient One of the benefits of ACH payments is that they are quite convenient for everyone. If your customers make a one-time ACH payment, […]
What Are ACH Return Codes? A Guide to Common Codes
Automated clearing house (ACH) transfers are often a convenient and fast way of sending money. However, when something goes wrong, the ACH payment might be automatically returned. To determine why the payment didn’t process correctly, it is essential to understand the meaning of ACH return codes. What are ACH return codes? This guide will cover […]
ACH Processing Pitfalls You Should Avoid
Automatic Clearing House (ACH) payments can be a convenient way to transfer funds electronically. However, their convenience does not mean they are entirely foolproof. Just like any other electronic payment, you run the risk of encountering fraud. Furthermore, a few simple mistakes can result in paying significantly more than you should. To avoid these pitfalls, […]
What Is an ACH Deposit and How Does It Work?
The first thing to know about ACH direct deposits is that they are one method for electronically transferring funds into your checking or savings account. With an ACH direct deposit, you can get paid by a state or federal agency or by your employer quickly. Typically, you will receive an ACH direct deposit in your […]
What Is an ACH Transfer? A Guide to ACH Online Banking
What does ACH stand for? ACH is a major contributor to the U.S. financial system. An overwhelming majority of people complete millions of business transactions daily without a clear understanding of the impact of ACH. It is one method of moving money successfully from one account to another. Each mode of currency, such as credit […]