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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...
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Banking (12)
How Can ISVs offer Online Banking Bill Pay to Commercial Clients?
Pandemic-induced changes in consumer behavior created dramatic shifts in the banking sector. According to Novartis and...
Why Banks Should Embrace Digital Payments
Large-scale investment in digital banking initiatives was well underway when temporary branch closures early in the...
6 Critical Merchant Account Underwriting Requirements for Merchants
Knowing what to expect will demystify the merchant account underwriting process if you’re planning to accept ACH or ...
Sample TEL Authorizations for ACH
Although there are no specific mandated scripts to follow, Nacha has spelled out the essential guidelines requiring ...
Latest Payment Technologies for Merchants in 2022
Modern-day business owners have many payment options and see various segmented processing solutions. Without the proper...
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...
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...
Why Some Banks Grow Faster: The Power of Strategic Partnerships
Developing times always bring about major changes in the functions and routes of organizational activities in every sector...
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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,...