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Payment Processing (13)

Cash Vs. Credit Cards for Merchants
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Cash Vs. Credit Cards for Merchants

“Why do I need to accept payments via cards and ACH when my customers can pay through cash?” the merchant said. “Do you...

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Top 5 FAQs on QR Code Payments for Merchants
Latest studies by Statista show that 75.8 million smartphone users in the U.S. scanned a QR code in 2021. This number...
Everything You Need to Know About ISO20022 – Fintech News
The need for faster payment systems is growing by the day. Studies by the Clearing House (THC) discuss how real-time...
Top 10 Real Applications of Real-Time Payment Solutions
It is NOW or NEVER. Quite literally. The world of payments has seen a massive transformation in the last two decades,...
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...
ABCs of Faster Payment Systems for Banks
Digital transformation efforts in the financial sector are mainly geared towards one of the following goals: Increase...
Understanding the ABCs of the Federal Reserve
The United States monetary system is arguably one of the most well-thought and planned financial systems globally. It...
All About the Role of Third-Party Senders on ACH Network
The Automated Clearing House (ACH) network feels like a big complicated banking term meant only for professional...
How to Detect and Prevent Fraud While Adopting Faster Payment Systems?
Efficiency and speed come at a cost. Strategic implementation of new technologies impacts the lives of several people....

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Important Check 21 Return Codes (With Details)
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!
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!
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
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
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
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
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?
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
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?
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!
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!
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
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,...