Stax

JUNE 27, 2024

As a business owner, you engage in many daily transactions, from receiving customer payments to paying your bills and suppliers. But cash and checks are rapidly declining as preferred modes of payment. Brainy Insights valued the digital payments market at $102.60 billion in 2022 and estimated it to reach $510.30

Wire Transfer 88

Wire Transfer Wire Wires ACH 88

Payment Savvy

FEBRUARY 23, 2023

If you are using the Automated Clearing House (ACH) method to process customers’ transactions, you are likely to see three-digit codes if a problem arises. Whenever there is an issue with a direct debit or credit card transaction, one of the parties involved in the payment processing will send a code. Why Do ACH Returns Happen?

ACH 52

ACH Returns RDFI ODFI 52

Payment Savvy

NOVEMBER 10, 2022

That’s because, while financial institutions are a big part of our lives, we usually don’t look deeper than confirming whether the payment was made or received or not – and there’s nothing wrong with that. . There is a number of situations in which ACH payments are used.

SEC Codes 52

SEC Codes ACH ODFI Wire Transfer 52