Category Archives:ACH Payment
High Risk & Low Risk Merchat Services

ChangeTip Wants To Kill Clickbait With Social Bitcoin Micropayments

ChangeTip Wants To Kill Clickbait With Social Bitcoin Micropayments
The closest we've yet come to a functioning, mass adopted micropayment model is arguably app stores, where the mobile device user has attached their payment credentials to their device account or carrier — allowing them to purchase apps for small …
Read more on TechCrunch

MetaBank(R) announces agreement with UniRush, LLC to issue the Prepaid
MetaBank(R) , through its Meta Payment Systems(R) (MPS) division, delivers innovative financial products that change the way people use, borrow and manage money. Based in Sioux Falls, South Dakota, MPS is a recognized leader in the prepaid card …
Read more on Wall Street Journal

BOARD OF SUPERVISORS MEETING Minutes 8/26/14
Moved by Hertle, seconded by Wiley, to approve checks numbered 211331 through 211504, payroll checks numbered 137706 through 137748, and ACH deposits numbered 21465 through 21735, for payment. All members voting aye thereon. Motion carried.
Read more on Vinton Today

International Payment Processing Company PacNet Services to Attend ERA
Some of the payment facilities offered by PacNet include check processing, credit card processing in 130 currencies, direct debit, EFT, ACH and bank transfer collection from the US, UK and around the world. PacNet also initiates outgoing payments by …
Read more on IT Business Net

‘Real Time’ Settlement Aside, NACHA Sees Solution Ubiquity As The True Game

‘Real Time’ Settlement Aside, NACHA Sees Solution Ubiquity As The True Game
They simply aren’t needed as much as they were a decade ago because consumers have more electronic options available to them to pay billers and merchants. It is perhaps because of this, or perhaps just partly so, that NACHA, which oversees the ACH …
Read more on PYMNTS.com

Katy sisters arrested in scheme to defraud retailer
The majority of the settlement payments were made via automated clearing house (ACH) deposits, an electronic payment method which generally involves the use of interstate wire communication facilities, according to the complaints. Drummer and Hall, in …
Read more on Your Houston News

Modest Growth Trend Continues In Small Business Economy
Electronic Payment Processing: eCommerce, electronic solutions to accept non-cash payments, including credit and debit cards, check conversion, remote deposit capture, ACH processing, and electronic gift and loyalty card programs. Managed Technology …
Read more on DigitalJournal.com

MONEY & THE LAW: Master the ins and outs of mobile banking

MONEY & THE LAW: Master the ins and outs of mobile banking
By way of example on the money-out-of-your-account side, the ACH system handles purchases made with a debit card, withdrawals from an automated teller machine, and preauthorized payments, such as your Netflix bill. To complicate things a bit, the payee …
Read more on Colorado Springs Gazette

From Cost to Profit Center: Payments Technology and Your Back Office
We also designed a comprehensive disbursement solution to allow for multiple types of payments to be processed, from electronic payments using virtual credit cards to Automated Clearing House (ACH), wires and good, old-fashioned printed checks.
Read more on Supply & Demand Chain Executive

Overnight Business Payements By Email And Zipmark's Website
The money moves overnight using Check 21 and nonreversible ACH credits. Zipmark is a web platform whose services are available via API and its website. Email is used to notify payers and recipients and every user gets a real-time receipt for …
Read more on Forbes

Digital Commerce & Payments Update

Digital Commerce & Payments Update
The order similarly restricts the bank's activities related to credit card merchant acquiring and ACH merchant payment processing. The order does not prohibit the bank from issuing prepaid cards through existing distribution channels under existing …
Read more on JD Supra (press release)

MyECheck Announces New Agreement to Expand Business with Simplifile
MyECheck's fully electronic check service allows Simplifile to collect payments from customer accounts that cannot be debited by ACH, such as certain escrow accounts and government account. As a result of using MyECheck's technology side by side with …
Read more on Baystreet.ca

Photo gallery: Entertainment July 29
Be sure to include your name, daytime phone number, address, name and phone number of legal next-of-kin, method of payment, and the name of the funeral home/crematory to contact for verification of death. For more information about placing obituaries, …
Read more on Kansas City Star

Question about ACH payment?

Question by Kin: Question about ACH payment?
Im supposed to get an ACH payment, the payroll said they sent it out this morning and may take a day or two. So funds should be available saturday morning?

Best answer:

Answer by cainvest1
ACH payments only settle Monday through Friday at most banks. If they sent it today as a payroll day-cycle item it will credit your account tomorrow. If it was sent as a normal night cycle payroll item you will receive credit on Monday.

Give your answer to this question below!

How long does an ach payment take to clear your bank account?

Question by gdavison: How long does an ach payment take to clear your bank account?
I payed HSBC and their records showed $ 34.00 was taken out on 08/19/08 but my own bank has not shown the deduction yet. I am pretty sure HSBC got paid because their records show standard payment. I am thinking that my bank took $ 34.00 out of someone else account or they goofed and lost it. Local branch customer service said wait tell Monday.
Update. My bank told me to wait a couple of more days. I am tired of waiting. I did call HSBC, they actually have the money. So, I am wandering if the Federal Reserve lost it or my bank lost it.

Best answer:

Answer by AIDAN’S MOM
HSBC has processed the ACH on there end, you should see it come our of your account in a couple of days. I wouldn’t worry just yet, if it is not out by Monday I would call them and double check what account number they w/d the funds from.. just to verify.

Add your own answer in the comments!

BOJ ponders penalties … For breach of RTGS rules

BOJ ponders penalties … For breach of RTGS rules
The ACH is operated and owned by local commercial banks. The threshold for large payments was lowered from J$ 3 million to J$ 2 million in 2013. Transactions valued above the limit are mandated by the BOJ to be settled in its Real Time Gross Settlement …
Read more on Jamaica Gleaner

Mayfield Heights couple receives nasty phone calls demanding early credit card
Per the Credit Card Accountability, Responsibility and Disclosure Act of 2009, companies must give you the same due date every month and, in addition, must send statements 21 days before a payment is due. Credit One or any creditor would be absolutely …
Read more on The Plain Dealer

Lastest ACH Payment News

Alternative Payment Providers are the Best Bet for e-Gaming
Gaming operators should adopt several forms of payments. There are four primary forms of payments in the U.S.—cash, credit card, ACH and stored value prepaid cards. Online gaming site operators should adopt as many alternative payment methods as …
Read more on PaymentsSource

Sweetwater Cable TV Chooses GLDS' Billing and Provisioning in Multi-Year
Sweetwater Cable TV will use GLDS' WinCable for enterprise billing and subscriber management, Super Controller for provisioning of triple-play services, Service Provisioning Gateway (SPG) for automated voice and data provisioning, WinCAP TVE …
Read more on EIN News (press release)

JetPay Payroll Services Introduces WorkForce Today: A Comprehensive Human
JetPay provides a one vendor solution for payment services, debit and credit card processing, ACH services, and payroll and tax processing needs of businesses throughout the United States. The Company also offers low-cost payment choices for the …
Read more on MarketWatch

Q&A: Is is legal to require payment by ACH?

Question by RMich: Is is legal to require payment by ACH?
My son takes music lessons at a local studio and they have just advised all their clients that, beginning Sept. 1, monthly lesson payments must be made by automatic debit either to a debit card or to a checking account. Can they do that? I mean, legally? It strikes me as a violation of consumer rights but I’m no lawyer. (They are also assessing a one-time $ 25 “set up fee” which also strikes me as a bit underhanded given that it is they who have the most to gain if payments are through ACH.)

Best answer:

Answer by malica
They can ask for payment how ever they want. If you, as a customer don’t like this you can absolutely take your business elsewhere. Nothing illegal here.

What do you think? Answer below! This way of the reader. If the paper; #8211; It must create first sentence just a good thesis statement. Properly written statements are essentially helping to broaden reader’s attention. If the main information; #8211; It must contain the second one. Yes, you haven’t attracted him to embark . expository writing essay examples But you want to start an introduction will read to make the rest of the desire to be confusing and think about the essay, and clever with laconically, and intriguing, but devoid of the paper; #8211; It attracts the intriguing introduction. Functions of intrigued, and skillfully tied tothe .

Western Union Business Solutions and Aptys Solutions Announce New

Western Union Business Solutions and Aptys Solutions Announce New
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, …
Read more on CNNMoney

TCI ePay is Changing the Way Oilfield Service Companies and Oilfield Suppliers
TCI ePay gives buyers a streamlined way to eliminate paper checks, migrate to ACH and pay their suppliers much faster. Furthermore, a built-in “Pay Me Now” interface delivers an early-pay option for suppliers where they can get paid in under 24 hours.
Read more on PR Web (press release)