Stax

JUNE 23, 2025

If you take a lot of ACH payments, then leveraging an ACH API can streamline your processes and ensure you’re able to take payments in an efficient and secure manner. The operator will send the files to the recipient’s bank, which is called the RDFI (Receiving Depository Financial Institution). Q: How does an ACH API work?

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ACH API Payment APIs and Integration ACH Network 88

Stax

JUNE 27, 2024

From $0-$15 for internal wire transfers and up to $35-$50 for external international wire transfer Security measures More secure since every ACH transfer goes through a clearinghouse network governed by NACHA More prone to scams and fraud. Secure and reliable ACH payments are more secure than wire and card transactions.

Wire Transfer 88

Wire Transfer Wires Wire ACH 88

EBizCharge

OCTOBER 17, 2023

government to send payments such as tax refunds, Social Security benefits, and other government assistance programs. When this happens, the Receiving Depository Financial Institution (RDFI) automatically initiates a return of the funds to the Originating Depository Financial Institution (ODFI). What is an ACH return?

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ACH Returns RDFI ODFI 52

Stax

APRIL 23, 2024

Step 3: Complete the payment request The ODFI or ACH network will send a request from the business’ checking account to the individual’s account, also known as the RDFI, or Receiving Depository Financial institution. Step 4: Payment processing Once the RDFI approves the fund’s amount, the direct payment will be processed.

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ACH Direct Deposit ACH Network Wire Transfer 88

Nanonets

MARCH 21, 2023

All ACH transfers are processed through the centralized ACH network operated by NACHA, ensuring secure and accurate transfer of funds to the intended bank account. 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).

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ACH RDFI ACH Network ODFI 52

PYMNTS

SEPTEMBER 9, 2016

With the Same Day ACH rollout coming in just two weeks and other faster payments initiatives taking off, financial institutions are taking significant steps to ensure the transition to a faster processing environment, including improving their payment security platforms to keep fraudsters at bay. Security is especially important with emails.

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Same Day ACH ACH ODFI Faster Payments 40