ACH SEC Codes: The Complete List
One of the sections of financial lingo among the jargon of the industry that's quite literally just a wall of codes is the SEC code…
Are you looking to process checks, eChecks, and direct debits through your merchant account? Look no further! More than ever, businesses are looking to expand the types of payments they offer. And as we increasingly move toward a cashless and contactless world, businesses are looking for check processing solutions that will keep them ahead of the curve.
Whether you’re wondering if eCheck is safe, looking to accept ACH payments, or browsing for B2B solutions, find the resources you need to navigate check processing. Let this type of digital payment expand your business at any stage.
One of the sections of financial lingo among the jargon of the industry that's quite literally just a wall of codes is the SEC code…
The term "returned check fee" carries significant weight in the knotty landscape of financial transactions. This monetary penalty imposed by banks and credit unions has…
Many digital payment types today fall into one of two categories: automated clearing house (ACH) or wire transfer. But what’s the difference between these methods?…
The average American writes fewer checks, but business barons continue the accounting tradition with rental receipts, banking bills, and countersigned contracts. Larger businesses use lockbox…
Ever since 2004, when the US officially adopted electronic checks with the Check Clearing for the 21st Century Act (or Check 21), traditional checks have…
Though paper checks haven't been entirely replaced yet, in an era where speed, security, and convenience rule, eCheck payment processing has become a necessity in…
Thanks to today's technology, both a check payer and payee can conveniently process a check electronically and through their banks without having to make a…
As with any transaction type, accepting an ACH payment can lead to a return. This is where you may encounter ACH return code R85, one…
ACH disputes and chargebacks can be frustrating, so today we'll provide some insight on how to effectively mitigate them within your business. But for now,…
Unforeseen challenges like ACH return code R84 can arise for any merchant. Basically, when failing to process an ACH payment, the ACH system triggers an…