Remove ACH Processing Remove Payroll Remove Underwriting
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How Data And Payment Rail Choice Fuel Faster Supplier Cash Flow

PYMNTS

At the center of many of these discussions is the issue of ACH underwriting, which sees FIs establish how long it takes for funds to actually settle into an account. According to Anna Maiolo, COO of accounting and payroll company FINSYNC , suppliers are looking at ACH and card payments for that speed.

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What Is an ACH Payment Facilitator?

Stax

After this, it usually takes about 3-5 days to get approvals post the underwriting process. This makes ACH PayFacs a desirable option for small businesses or start-ups. If you’re on a tight budget, partnering with an ACH PayFac that operates on a custom revenue-sharing model would be the best option.

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