EBizCharge

SEPTEMBER 18, 2024

ACH payments offer a secure, reliable, and cost-effective way to transfer funds for payroll, recurring bill payments, direct deposits, and other routine transactions. Here are six essential ACH payment codes to know: PPD (Prearranged Payment and Deposit Entry): PPD codes are used primarily for direct deposit.

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Payment Savvy

FEBRUARY 23, 2023

There are two main ACH payment methods: direct deposits and direct payments: ACH direct deposits : Whenever you need to deposit your money to someone’s account, you can do it through ACH direct deposits. It is a kind of payment that goes from a commercial account holder to a consumer.

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Payment Savvy

NOVEMBER 10, 2022

Instead, they are under the jurisdiction of NACHA (The National Automated Clearing House Association), which establishes the rules and regulations that all the institutions that are part of the network follow. The codes are universal, and they are maintained and defined by NACHA, which has jurisdiction over the ACH network.

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