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Payments Tech Takes Advantage Of Payment Rails Building Blocks

PYMNTS

Payroll and human capital management solution provider Paycor recently revealed that it secured NACHA Certification through its ACH processing. In an embrace of one of the newest payment rails in the U.S., Paycor Certified By NACHA. CUs Move Closer to RTP.

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Understanding Payment Processing Costs in Acumatica and How You Can Save

EBizCharge

These fees typically include interchange fees, which go to the card-issuing bank, assessment fees charged by the card networks, and payment processor fees for handling the transaction. ACH processing fees: ACH processing fees are the costs associated with transferring funds electronically through the ACH network.

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Visa And Vantiv Debut FastAccess Funding

PYMNTS

In a joint release , Vantiv and Visa said that the settlement time — received by merchants upon funding of debit cards — now takes minutes rather than one to three days, as is typical with ACH processes. The upshot is that cash flow management can be optimized across even weekends and holidays, the companies said.

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FinTechs Take On Payment Rail Status Quo

PYMNTS

While the company’s API allows for white-label ACH processing, Sila has the payment rail in its crosshairs, with Sila CEO and Co-Founder Shamir Karkal describing ACH one of several “outdated payment systems” upon which the global financial system operates. The company recently announced $7.7

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Instant ACH Transfers Online

Payment Savvy

Additionally, there may be cutoff times during the day by which a transfer must be submitted to qualify for same-day processing. Instant ACH Transfer Alternatives RTP Network The RTP (Real-Time Payments) Network, launched by The Clearing House, is an alternative option for those seeking instant money transfers.

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Fiserv Acquires Dovetail Group To Reinvent Payments Infrastructure Worldwide

PYMNTS

Bank payments and liquidity management solutions provider Dovetail offers a real-time payments platform, modular services and configurable business processing rules that, when combined with Fiserv’s payment capabilities, will enable financial institutions to unify discrete solutions into a fully-integrated payments infrastructure.

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How Governments Navigate ACH Payments Innovation

PYMNTS

He told PYMNTS in a recent interview that as consumers prioritize cost savings over shoring up rewards and airline miles, citizens are preferring to use ACH to pay their government bills and fees online rather than pay the processing fees often associated with cards. “There is no silver bullet,” said Thorness.

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