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What is the ACH Network?    

        

The ACH Network is a highly reliable and efficient nationwide batch-oriented electronic funds transfer system governed by NACHA (National Automated Clearing House Association) operating rules.  The ACH system provides for the inter-bank clearing of electronic payments for participating depository financial institutions.

ACH Payments Include:

  • Direct Deposit of payroll, Social Security and other benefit checks

  • Direct Payment of consumer bills such as mortgages, loans, utility bills, insurance premiums and many more!

  • Business-to-Business Payments

  • E-Checks by online payments, phone or fax

The ACH Network is currently utilized by over 115 million consumers, 4 million businesses and is accepted by over 12,000 financial institutions.

The number of e-check payments exceeded 208 million in 2nd quarter 2004, a 791 percent increase over the previous year.  This was the first quarter that e-check payments exceeded the number of paper check payments.

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Call today to speak to a ACH payment processing specialist:

 

800-844-2044

 

    

 

 

    ACH Services

 

- Virtual Terminal
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- Credit Card Processing
- Recurring Payments
- Payments Gateway
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- Check Verification
- Identity Verification
- Bad Debt Recovery
- Red Flag Compliance

 

 

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- Real-Time Verification

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- Red Flag Compliance

 

- For Financial Companies

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- For Telecommunications

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- For Internet Sales

- For Rental Companies

- For High Value Sales

- Retail Check Recovery

- Electronic Check Recovery

- Bad Debt Recovery

- Return Item Recovery

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