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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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Payment Processing (7)
Top Payment Innovations to Watch in 2024
According to Statista, the total transaction value in the digital payments market is set to reach US$14.78 trillion by...
ACH Payments Demystified: Proven Strategies for Your Bank or Credit Union
The ACH Network kicked off 2023 with impressive growth in the first quarter, particularly in Same Day ACH, where...
End-of-Year Financial Audits: How a Reliable Payment Processor Makes a Difference
Nowadays, financial transactions happen in many different ways, from paper checks to online payments. Keeping clear and...
Why Mobile Payments Will Dominate 2024
How will your business adapt to mobile payments rapidly becoming the most preferred choice among consumers?
Holiday Payment Processing: Ensuring Smooth Transactions with iCG Pay
When the holidays roll around, everyone rushes to buy gifts and treats. It's the busiest time for shops and online...
Navigating Payment Security Concerns During the Holiday Season
As you gear up for the holiday season, the spike in online transactions brings an elevated risk of cyber threats and...
Top 2023 Payment Trends: Preparing Your Business for the Future with iCG Pay
Recent statistics show that technological adoption has been accelerating at an unprecedented rate.
Unlocking Growth Potential: A Comprehensive Guide to Recurring Payments for Small Banks and Credit Unions
Are you struggling with manual payment processing?
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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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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,...