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How to Choose Between EFT vs ACH: A Comprehensive Guide

Stax

Other EFT payments are settled one at a time. ACH payments are grouped and then processed in batches four times per business day by the National Automated Clearing House Association (NACHA). There are two ACH categories based on who has control over the payment: ACH credit or ACH debit. Contact us

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NACHA, FPC Team For Faster Payments Playbook

PYMNTS

NACHA and its Payments Innovation Alliance announced that it is working with the U.S. Faster Payments Council (FPC) to expand the Faster Payments Playbook. The Playbook is an educational and online decisioning platform that will enable banks, credit unions and businesses to develop a faster payments strategy.

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Corporates Play Payment Rail Musical Chairs

PYMNTS

The coronavirus pandemic has some organizations playing payment rails musical chairs in their accounts payable (AP) departments as they adjust payment strategies (and methods) to suit their needs in a volatile, remote working environment. NACHA Notches ACH Growth. B2B payments in particular saw an 11.7

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Creating the Faster Payments Tools to Combat Complexity

Faster Payments Council

It's our mission to help guide industry participants on their unique faster payments journeys and help demystify and simplify developments in the faster payments landscape. It's a primary reason we partnered with Nacha's Payments Innovation Alliance (PIA) to launch the Faster Payments Playbook.

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When B2B Payments Innovation Is All Talk, No Action

PYMNTS

. “Toward the end of this year, we started to see more of a shift in investment toward the B2B side,” said Reetika Grewal, Silicon Valley Bank’s head of payments strategy and solutions. We’re seeing a lot of new company formation around the B2B payment space in a way we haven’t seen before.

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VP Of The ABA Shares Same Day ACH Perspective

PYMNTS

will be able to accept Same Day payments, with the option to originate them. To download the August edition of the PYMNTS.com Faster Payments Tracker™, powered by NACHA, click the button below. The PYMNTS Faster Payments Tracker™, powered by NACHA, is your go-to resource for staying up to date on a month-by-month basis.

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Corcentric Joins The B2B Payments Game

PYMNTS

. “I think some of the mistakes people have made in the past are, for example, people were focused on implementing a card program, and that’s all they really focused on,” Clark said, explaining how corporate buyers have approached their payments strategy. “It’s key when it comes to the payment process.”

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