Articles
Why Should Leasing Services Adopt Electronic Check Payments?
Digitization has transformed operations in the leasing sector. Statistics show that about 60% of U.S. renters pay their...
What Are the Advantages of IVR Payment Systems for Municipal Services?
Experts estimate that the global Interactive Voice Response (IVR) market will grow to $6.7 billion by 2026. Rapid...
How Can Mobile Credit Card Processing Boost Sales for ISOs?
Mobile payments have become very popular in recent years. They account for almost half of global e-commerce payment...
Simplifying Credit Card Processing for Banks and Credit Unions
Credit card payment processing used to be a straightforward affair. Swipe the card at the store, and the bank will...
What Role Do Credit Card Machines Play in Small Business Transactions?
According to a Statista survey, credit cards are among the most common type of payment. The survey shows that 47% of...
Why Is a Secure Payment Gateway Essential for E-commerce Merchants?
Online shopping has become the norm, offering convenience to consumers globally. Retail e-commerce sales stood at about...
How Can NFC Mobile Payments Benefit Retail Banking?
Near-field communication (NFC) mobile payments are changing the face of retail and banking. While the first contactless...
ACH Payments and Cash Discounts: A Step-by-Step Guide for Financial Institutions
ACH payments have become increasingly prevalent and are expected to experience exponential growth in the coming years....
Not on ACH Processing? Your Charity is Losing Money that Could Possibly Fund Your New Project
A research study by Blackbaud Institute revealed that online giving has increased by 42% in the past three years. Given...
Suggested Blogs
Important Check 21 Return Codes (With Details)
“Here is your PRD printout with the check 21 return code. We are sorry we need to halt this check processing,” the teller...
Pending ACH Transaction? Here’s what to do!
“What is this? A pending ACH transaction? What does it even mean? Why can’t I access the funds right now! Does this mean...
Rejected ACH Transaction? Here’s What to Do!
A rejected ACH transaction is common for business owners who process hundreds of transfers every day. Understanding why a...
Complete List of ACH Notification of Change (NOC) Codes
“You made a mistake this time around. But don’t worry, I know it was not intentional. Therefore, this time I got your back....
List of 20 ACH Payment Gateway (SEC) Codes for Banks
In the previous blog on ACH Payment Gateway SEC Codes, we answered the following questions: What are ACH Standard Entry...
5 Tips to Prevent Returned Mobile ACH Payments
“Are you kidding me? Another returned mobile ACH payments notification? I am so sick of these notifications! I don’t even...
ABCs of Third-Party Service Providers and Nested Third-Party Senders
In the previous blog, we discussed the roles and responsibilities of a third-party sender. We understood how funds flow...
What are P2P ACH Transactions?
The world of P2P ACH transactions is expanding to a whole different level. The year-on-year growth for the use of ACH...
QuickBooks ACH Payments in 10 Simple Steps
Modern-day improvements in the banking network have changed the accounting game completely. Technology like ACH can help...
Bank-Owned vs. Third-Party Payment Processing: What’s the Difference?
The demand for payment processing solutions is on the rise. The market size is projected to grow to $116 billion by 2027, up...
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Most Popular on Community Hub
Pending ACH Transaction? Here’s what to do!
“What is this? A pending ACH transaction? What does it even mean? Why can’t I access the funds...
Rejected ACH Transaction? Here’s What to Do!
A rejected ACH transaction is common for business owners who process hundreds of transfers every...
Complete List of ACH Notification of Change (NOC) Codes
“You made a mistake this time around. But don’t worry, I know it was not intentional. Therefore,...