PYMNTS

JANUARY 23, 2018

It’s also true that B2B payments players anticipate the paper check to eventually fall to second place, with corporates instead turning to ACH to pay suppliers. NACHA analysis found accounts receivables professionals predict ACH will surpass checks in the next few years. The expansion of ACH across the U.S.,

Remote Deposit Capture 43

Remote Deposit Capture Checks Same Day ACH ACH 43

Nanonets

SEPTEMBER 28, 2023

ACH Payment ​There are a few different ways that you can pay your contractors, but one of the most popular methods is ACH. ACH is an automated clearing house that processes electronic payments and is typically used for payroll and other bill payments. There are a few disadvantages to using ACH payments, as well.

Wire Transfer 52

Wire Transfer ACH Wires Wire 52

Nanonets

SEPTEMBER 28, 2023

ACH Payment ​There are a few different ways that you can pay your contractors, but one of the most popular methods is ACH. ACH is an automated clearing house that processes electronic payments and is typically used for payroll and other bill payments. There are a few disadvantages to using ACH payments, as well.

Wire Transfer 52

Wire Transfer ACH Wires Wire 52

PYMNTS

JANUARY 3, 2020

It seems extra crazy for the education market, considering that the people taking out and paying off college loans today don’t rely much on checks and don’t see paper in their future – in fact, they don’t even see it in their present. The writing is on the whiteboard: School’s out for paper payments. Tuition Goes to Grad School.

Faster Payments 52

Faster Payments Payment APIs and Integration Payments Push-to-Card 52

PYMNTS

APRIL 15, 2016

After all, if an SME is frustrated at the speed at which a paper check clears, then why not stop using checks? Don’t use a check.’”. If you send someone a check or ACH payment, it sort of disappears into a black hole for a few days,” the executive noted. It’s a good question,” admitted the executive.

Faster Payments 40

Faster Payments Payments Checks Small Business 40

PYMNTS

MARCH 28, 2016

But, don’t look for the recommendation to kill checks to emerge from the report that the 500+ person Fed Task Force that’s examining the path forward for the U.S. Blowing up checks would open a number of other doors for banks to provide value to consumers via “faster” and more efficient payments that they could also monetize.

Faster Payments 48

Faster Payments Checks Payments Fed 48

PYMNTS

JULY 24, 2017

NACHA has implemented ubiquitous Same Day ACH with credit push and will implement phase two with debit pull in the fall. The paper check clearing system is the biggest drag on faster payments in the U.S. In the two years the Fed has been examining this issue, innovators have gotten the job done.

Fed 47

Fed Faster Payments Ubiquitous Same Day ACH 47