article thumbnail

B2B Innovators Explore The New Payment Rail Combinations

PYMNTS

To address the supplier acceptance challenge, CardUp automatically shifts bank transfer or check payments to cards, while ensuring that suppliers receive those funds via the original payment method. The solution is made possible via CardUp's status as a Visa Business Payment Solution Provider. Iceland Debuts Instant Payments.

B2B 88
article thumbnail

ACH SEC Codes

Payment Savvy

You have to remember that ACH payments are not an instant payment method. The second disadvantage of ACH payments that should be mentioned is the fact that while bank accounts don’t expire, ACH credits and debits can still be rejected for a number of reasons, including not having enough funds in the bank account.