While similar, ACH payments and wire transfers each offer their advantages. Before you can decide which method is right for you, you need to fully understand the differences between the two processes. … Read More
Process Differences Between ACH Payments and Credit Cards
An ACH payment is a bank-to-bank transfer facilitated by the Automated Clearing House (ACH) Network and other ACH Operators. Because it is automated and far more reliable than sending other forms of electronic payment, many people prefer to use ACH payment as the primary form of sending money in the United States, either for business or for a personal transaction. … Read More
U.S. Know Your Customer (KYC) Regulations and ACH Payments
If you operate as a financial institution or a third party payment processor (TPPP) and wish to send money through the U.S.’s Automated Clearing House (ACH), then you must follow the guidelines for knowing and verifying your customers. Older guidelines … Read More
What Are ACH Payments and How Do They Work?
Every day, people are interacting with ACH transactions, even if they don’t realize it. ACH payments are commonly known as things like direct deposit and are considered to be the main reason why paper checks are falling out of style … Read More
ACH Payments Versus Wire Transfers
An ACH payment is an electronic money transfer that moves through the Automated Clearing House (ACH) Network in the United States. An ACH transfer quickly and easily allows bank-to-bank transfers using online banking, without the need to visit a bank … Read More
ACH Payments Versus Credit Cards
Sending payments online makes paying bills, shopping online, and buying necessary goods faster and easier. But when the majority of your payments are sent electronically, you want to be sure that your banking information is secure and that you are … Read More
What is an ACH API?
Whether you are a programmer and interested in developing ACH APIs or you are a business owner and interested in incorporating them in day to day transactions, ACH APIs can drastically change how your business operates and open doors for bigger international transactions and a different type of market option. … Read More