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What Is an ACH API and How Does It Work?

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If you take a lot of ACH payments, then leveraging an ACH API can streamline your processes and ensure you’re able to take payments in an efficient and secure manner. In this article, we will look at the role of ACH API, how it works, and how you can implement it for your company.

ACH
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What is ACH Credit and ACH Debit and How Do They Work?

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Understanding ACH credit payments means understanding the way in which different types of ACH payments are processed in the US banking system. ACH credit payments differ from ACH debit payments and both are distinct from credit and debit card payments. What are ACH Debit Payments?

ACH
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New Payment Rails Take On Real-Time B2B Friction

PYMNTS

The latest data from Nacha found a new record-high growth rate for adoption of ACH payments , with B2B payments showcasing a surge in adoption of the legacy payment rail that has recently turned to technologies that can augment the service, from the movement of transaction data with an ACH payment to the deployment of Same Day ACH.

B2B
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For NACHA Award Winners, Innovation Beyond Speed And Plumbing

PYMNTS

Necessity is the mother of invention, goes the saying, but in payments, sometimes invention evolves into necessity. In an interview with NACHA President and CEO Jan Estep, PYMNTS’ Karen Webster delved into the commonalities of the innovations showcased at PAYMENTS 2017, and a couple of this year’s award winners: Earthport and lienwaivers.io.

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What Is an ACH Payment Facilitator?

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Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). Let’s get started.

ACH
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Deep Dive: How Open Banking Can Help Credit Unions Succeed

PYMNTS

percent desiring instant payments innovations. Open banking is typically achieved via application programming interfaces (APIs) that allow third-party developers to create tools based on the specific services and information FIs offer, ensuring they are compatible with other banks’ procedures. How Does Open Banking Help Credit Unions?