Stax

JUNE 23, 2025

The way a typical ACH transfer works is as follows: You will initiate the transaction as the originator by sending a Nacha formatted data file containing information about the desired payment to your bank which is called the ODFI (Originating Depository Financial Institution). Q: What are the main elements of a typical ACH transfer?

ACH 88

ACH API Payment APIs and Integration ACH Network 88

The Paypers

MAY 21, 2023

Mode Eleven has announced its partnership with US-based fintech Finzly in order to implement its solutions for ACH operations and wire processing.

Wire Processing 50

Wire Processing ACH Operations ACH Operator Wires 50

Stax

NOVEMBER 13, 2024

With ACH debit, banks and lenders can automatically withdraw payments on the agreed-upon due date, ensuring timely repayment and a predictable payment stream. Insurance companies are often ACH operators, using ACH debit payments, making it easier for policyholders to maintain coverage without worrying about late payments.

ACH 88

ACH ACH Network Payer Payee 88

Stax

APRIL 23, 2024

Many small businesses choose ACH operators because they are more convenient than most direct deposits. ACH transfers don’t come with high fees and transactions and they’re easily edited if an employer wants to adjust payroll, extend bonuses, or reimburse an employee.

ACH 88

ACH Direct Deposit ACH Network Wire Transfer 88

PYMNTS

MARCH 6, 2019

By bringing Nvoicepay into the fold, FLEETCOR can expand its supplier acceptance and onboarding services to a range of payment tools, including ACH. However, it doesn’t address one of the most significant barriers to commercial card adoption: supplier acceptance.

B2B 56

B2B Addressing ACH Operations ACH Operator 56

Payment Savvy

SEPTEMBER 5, 2024

They give their bank a request to send funds through the ACH network. The bank then packages this request into a digital file, which gets sent to an ACH operator. This operator acts like a middleman, making sure everything is in order and routing the payment to the right place.

ACH 52

ACH ACH Network Wire Transfer Direct Deposit 52

PYMNTS

AUGUST 12, 2019

Direct deposit over the ACH network eliminated that friction and got them earlier access to those funds. Fast-forward four decades, and everyone – FIs, ACH operators, FinTechs – have been working overtime to get payroll off the paper check and to get wages into workers’ bank accounts faster.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78