According to a recent survey put out today by eGistics Inc., almost 2/3 (63.5%) of Automated Clearing House (ACH) merchants say they have experience an increase in the amount of disputes related in ACH transactions in 2009 and they had to pay a higher cost to operate their business due to write-offs and other losses. ...
According to news reported by Digital Transaction yesterday, NACHA, the organization that regulates and governs the Automated Clearing House network, is seriously thinking about making changes for ACH transaction such as changing the TEL code to allow for recurring payments using telephone authorized electronic check conversions, they are considering getting rid of the opt-out notification ...
A recent study by Javelin Strategy & Research that was released today points out that for ACH to stay relevant within the payment processing industry, the ACH Network must offer and integrate the best key infrastructure and technological advancements such as ones already being deployed by the credit card payment industry. Same-day ACH is part ...
The most exciting news in the ACH Payment Processing industry and merchant that are utilizing the Automated Clearing House Network to processing ACH transactions online, by phone, or the web, is that same-day clearing of ACH debits from customers checking, savings or business account is coming very soon. There has always been great demand for ...