Category Archives:ACH Payment
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Property taxes due Wednesday

Property taxes due Wednesday
Residents can set up ACH payment plans. These payments are automatically deducted from a checking or savings account. Payments are spread over either a quarterly or 10-month period. It's easy to sign up for and easy to cancel. Call (320) 656-3870 and …
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New payment solutions debut at Finovate
WingCash—Through its service, people make purchases using a cloud-based, smart ewallet and pay using digital cash, including branded egifts, epromos, eloyalty, and erewards. • Knox—Facilitates ACH payments online using a user's online banking login.
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Pros And Cons Of Electronic Card Processing

Electronic card processing has its advantages and drawbacks like any other type of business. Unfortunately, not all business managers are aware of these lists of pros and cons of accepting credit cards, and they often times make the wrong choices when deciding to sign or not to sign up for such merchant options. Below you will find brief descriptions of the pros and cons so you can make an informed decision next time you are faced with one.

Benefits Of Accepting Merchant Accounts

You will get to enjoy an extra degree of security as compared to working with cash only. No more large amounts of cash lying around in your drawer, tempting robbers or employees. Also, no more risk of having your employees give out the wrong change to clients. Merchant accounts will also enable you to boost your sales due to the fact credit card orders are known to be larger than cash orders. The faster your checkout line, the faster you will be able to accept payments completed through credit cards. There is also the possibility to save some more money by actually accepting credit card payments as opposed to cash, and this is always good for the business. Another thing that is highly recommended for any business that uses communication systems to boost sales is the VoIP Addsource option. Managers can obtain bigger ROI rates and better communication options and we invite you to check out their full offer for a better insight into their work.   

 

Drawbacks Of Credit Card Processors  

 

Accepting credit cards will automatically increase the risk of credit card fraud over the internet; it will also generate costs attached to accepting credit card transactions, and there is always the risk of a chargeback. As long as you will respect the rules of the credit card companies you will be accepting, you should have no problems. However, keep in mind that consumers are prone to receive more protection when using their credit cards to make a payment in one of your stores, and they are known to win most disputes against merchants.

Q&A: online ACH payment put me over the limit, please help!?

Question by Devin E: online ACH payment put me over the limit, please help!?
I recently recieved a credit card from capital one. I have a line of $ 500 credit, and have been making transactions but have also been paying them off. recently I have made a couple transactions that have put me close to my limit but certainly not over it. I checked the account online today and it said it was over the available credit limit so i checked the recent transactions and saw that there was an “online returned ACH” payment for $ 100 which ut me over the limit. What does that mean and how do i fix it? Will this hurt my credit score?

Best answer:

Answer by Jessica
Capital One is evil.

Know better? Leave your own answer in the comments!

Real-time payments: coming to America?

Real-time payments: coming to America?
Banks are pretty consistent in their defence of the status quo: “ACH in the US is pretty darn effective,” said the payment executive at a major bank in an interview, noting that with ACH, Fedwire, cards and wires, users have a good range of choices. “I …
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How to stop ach payday loans
Halal food is the best food for your health. However, as a member of UCU? Stay away from this place. If you have a mortgage on your home, payment is due upon registration? If you are having difficulty making payments and want to see which options fit …
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Aptys Solutions Adds Industry Veteran Rose Davis to Senior Management Team
Rockwall, Texas-based Aptys Solutions provides financial institutions with a unified platform to support all methods of payment including image exchange, ACH processing, wire processing, payments archive, Federal Reserve messages, least cost routing, …
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Are e-checks a safe way to pay for travel?

Are e-checks a safe way to pay for travel?
E-checks come in two basic flavors: Check21 electronic payment processing, which is more flexible but also more expensive, and the more restricted ACH wire deposit payments, which are commonly used for handling direct deposits for employees and for …
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A guide to breaking up with your bank
Some examples of bills to watch for: utilities, credit cards, loans, gym memberships and payments that may come up once or twice a year like charitable donations and insurance payments. Move over whatever cash is left. … Transfers from one financial …
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Make Online Money Without Spending Any

Unless you have been living under a rock by now, you must know there are plenty of entrepreneurs, freelancers, or simple individuals with a passion for the web who have chosen to dedicate their time and effort to developing money-producing online businesses. Most people think you actually need to invest some money into developing a product, a service, a site, or at least an idea that can then grow and bring them profit. In reality, there are plenty of things you could be doing online in order to make nice money without having to worry about finding the right financial resources to get started.

 

Help People Get In Touch And Get Paid For It

One of the greatest ideas in this regard is help suppliers and buyers get in touch for the benefits of both of their businesses. This way, you will get to be paid a nice referral fee. These referral fees are extremely popular right now, even though their online version is yet to evolve however, with the evolution of networking and the strengthening of networking safety, you can now visit various specialized business referral sites and get in touch with people who can help.

These referral fees are normally established by the vendors who will pay you the moment the business transaction will be completed. Referral programs that are created by merchants with the purpose of facilitating business meetings and transactions are also highly popular at the moment.

 

Connect Employers With Potential Employees

Do you have a friend who is looking for a job at the moment? Have you heard of a certain company or organization that is hiring and you think it would be a perfect match for your friend. Go online and come across a great number of web sites that are going to allow you to do just that. Like the previously mentioned referral program, these particular job-hunting referral programs will require you to connect prospective employees with employers – and get paid for it. The referral fees vary from case to case, but if you manage to successfully connect a huge company with a top specialist, you should expect quite a commission to be coming your way.   

 

Blogging – It’s Free, Fun, And Profitable

Setting up an online blog is easy as pie nowadays. Thanks to the numerous blog developing platforms that exist today, you should have no problem using an already existing template and creating a blog in just a few minutes. Add the right type of relevant content to it, bring plenty of traffic, throw in a couple of ads and you will manage to get quite a profit. The great news is no web design or programming knowledge is necessary when setting up a blog.

Use Google AdSense or find a platform that enables the automated creation of a blog that is going to directly connect you to Google AdSense. Check out affiliate links or join an affiliate marketing program once your blog is set up and you could be scoring some impressive figures. You can click here and discover AffPower, an amazing affiliate marketing program for casino lovers. Look at the brand you could be promoting via your blog and get in touch with a team of professionals, plus a once in a lifetime offer for a 45% lifetime revenue share.

 

Lastest ACH Payment News

PayStand takes on PayPal with a new e-commerce service that accepts bitcoin
PayStand accepts both credit cards and automated clearing house (ACH) payments in the from of eChecks and Dwolla transfers, but it is also making bitcoin a key element of its service, allowing merchants to deal directly in the crypto-currency if they …
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Pennsylvania District Saves 000 Annually with E-Payments
We now have more flexible payment options — ACH, AP Cards and electronic print check — and we like the fact that NVoicePay is proactive in following up with our suppliers" added DeAngelis. More information is available at nvoicepay.com. About the Author.
Read more on T.H.E. Journal

What is the difference between an automatic draft (for online bill payments) and ACH payments?

Question by Genevie: What is the difference between an automatic draft (for online bill payments) and ACH payments?
I have recently set up a very basic savings account at my mothers credit union and yesterday when I called the credit union to ask if I could set up online payments to come out of this account, the teller told me that this account only accepts ACH payments. What does that mean?

Best answer:

Answer by Go with the flow
She might have meant ACH deposits only.
Like direct deposit from your employer.
All savings accounts I know do not allow debits to pay your bills.
For this, you would need a checking account.

*That’s the difference between a savings account and a checking.
If you could pay bills with a savings account, then there would be no difference between the two accounts.
They would both be called checking accounts.

Give your answer to this question below!

nProtect Exhibiting at PAYMENTS 2014 in Orlando

nProtect Exhibiting at PAYMENTS 2014 in Orlando
'The PAYMENTS conference is presented by NACHA – The Electronic Payments Association, the recognized leader in payments system education. NACHA manages the development, administration, and governance of the ACH Network, the backbone for …
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Short Payday Lenders: DOJ/CFPB Out For Blood
Without warning, banks that hold depository, ACH, and operational accounts for payday lenders began telling those clients to take their business elsewhere. Cash America International (CSH), First Cash Financial Services (FCFS), EZCORP (EZPW), DFC …
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Moorestown Residents Can Now Pay Taxes, Utility Bills Online
At this time, e-check and credit card payments are only accepted online, credit cards and e-check payments cannot be made in-person at the Township office. All ACH, e-check and credit card transactions are charged a convenience fee of $ 1.05 per ACH or …
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Lastest ACH Payment News

Where Flexibility Can Help, And Hinder, B2B ACH Growth
Through NACHA's help, the nation's automated clearinghouse (ACH) network for decades has supported payments plus information, meaning businesses can include addenda data to B2B payments. The association, which oversees the U.S. ACH system, …
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Real time payments coming soon … or not?
"Near real-time" payments are acceptable in situations such as corporate disbursements, e-commerce payments, and expedited bill payment. ACH batch-mode processing will always be acceptable in some payment scenarios (such as payroll), while in others …
Read more on Mobile Payments Today