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Monthly Archives: February 2010
Check Processing – The Advantages of Electronic Processing
There are many benefits for a business to choose check processing software and services. One of the primary reasons is that it is faster and more convenient than accepting paper checks. Trips to the bank are unnecessary. As electronically deposited … Continue reading
EFT – Transforming Personal and Business Banking
Electronic Funds Transfer or EFT is the process by which money is transferred from one location to another electronically. It is faster than traditional methods of banking, which required an individual to go to the banking facility and deposit cash … Continue reading
ACH Processing – Transaction Participants
The term ACH processing refers to the way business-to-business, electronic funds transfers, state and federal transactions are completed through the Automated Clearing House. There are several central clearing facilities in which this processing takes place. The Federal Reserve Board, Visa, … Continue reading
Payment Processing – Selecting the Right Vendor for Your Business
Small business owners are often apprehensive about accepting credit cards. They believe that the payment processing fees and equipment will be too expensive. However, these are not the only concerns. There are many different companies that offer these services. Banks, … Continue reading
Check 21 – Check Processing for the 21st Century
We are in the midst of what has been called the electronic age. The mainstream acceptance of the Internet has enabled information to flow freely and quickly. From email and chat being used to keep in touch with friends and … Continue reading
EFT Processing – The Electronic Check Advantage
Electronic funds transfer is defined as any transfer of funds that occurs in a paperless manner. This includes that transactions that take place at a point of sale system in a retail store, as well as transactions that take place … Continue reading