Stax

JUNE 23, 2025

The operator will send the files to the recipient’s bank, which is called the RDFI (Receiving Depository Financial Institution). You will know if the RDFI has pulled the funds when you receive your payment. This operator forwards the files to the recipient’s bank (RDFI). Q: Can ACH API handle employee payroll?

ACH

Stax

JUNE 27, 2024

The utility company (the ODFI) passes the ACH files to the financial institution, which then sends a file with the payment request to the customer’s bank (the RDFI). Common uses for ACH payments Some common uses of ACH payments include: Payroll – Businesses all over the US use ACH transfers to pay their employees’ paychecks.

Wire Transfer

Stax

APRIL 23, 2024

ACH transfers don’t come with high fees and transactions and they’re easily edited if an employer wants to adjust payroll, extend bonuses, or reimburse an employee. They are also easily edited if an employer wants to adjust payroll, extend bonuses, or reimburse an employee. ACH transfers don’t come with high fees and transactions.

ACH

EBizCharge

OCTOBER 17, 2023

The most common transactions sent over ACH include electronic funds transfer (EFT), employee payroll direct deposits, and electronic bill payments. When this happens, the Receiving Depository Financial Institution (RDFI) automatically initiates a return of the funds to the Originating Depository Financial Institution (ODFI).

ACH

Nanonets

MARCH 21, 2023

ACH is most commonly used for direct deposit of payroll, payment of bills, and business-to-business payments. The ACH network then combines each message into a batch that is sent to the bank receiving the request (the receiving depository financial institution, or RDFI). If a transaction fails, the RDFI has up to 48 hours to report it.

ACH

PYMNTS

SEPTEMBER 9, 2016

Use cases for Same Day ACH include account-to-account transfers and same-day payrolls, to name a few. Of the 420-plus customers, Rojas said about 140 are currently using one of the company’s two ACH products, dubbed ACH-ODFI and ACH-RDFI. If NACHA’s projections come to fruition, about 1.4

Same Day ACH

Payment Savvy

FEBRUARY 23, 2023

Common ACH direct deposits include payrolls, benefits, tax refunds, or interest payments. Receiving Depository Financial Institution (RDFI) The RDFI is the bank that is being charged or refunded. If there is a problem with the payment processing, it is usually the RDFI that sends an ACH return message.

ACH