EBizCharge

JULY 16, 2024

Navigating electronic payments requires a thorough understanding of compliance standards set forth by governing bodies such as the National Automated Clearing House Association (NACHA) network. What is NACHA? Data security NACHA imposes stringent requirements to protect sensitive financial data.

NACHA

PYMNTS

JULY 26, 2016

And in reference to fraud and customer monitoring, said DeCosmo, focus on fraud, real-time identity and account documentation – including the ability to “wait” on debits from accounts in the event there may be an overdraft – helps improve the experience overall, without turning away legitimate transactions.

NACHA

EBizCharge

JULY 18, 2024

This method is often used in business-to-business (B2B) , where companies exchange payment documents such as invoices and purchase orders electronically instead of as paper documents. EDI vs ACH EDI payments refer to the process and standards for exchanging business documents electronically, including the transfer of funds.

ACH

Stax

JULY 9, 2024

Traditional payment methods require businesses to handle, store, and process physical documents, which can be time-consuming and prone to errors. EFT payments drastically reduce the amount of paperwork and manual processing involved in financial transactions.

Electronic Fund Transfer Act (EFTA)