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Tag Archives: Electronic Fund Systems
Electronic Funds Transfer
Electronic Funds Transfer Electronic funds transfer (EFT) is the modern alternative to the old check-clearing process when sending and receiving funds between a payer and a payee. An EFT is done through the system of automatic clearing house (ACH). In … Continue reading
Merchant Account Overview
A merchant account company gives retailers and other business operators the breakdown on what kinds of features merchant account options include. Other types of merchant account agreements include setups for mobile credit card processing, where it may be necessary to … Continue reading
Posted in Merchant Account
Tagged ACH, ACH Debit Payment, ACH payments, ACH Processing, Electronic Fund Systems
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ACH Processing
A lot of businesses and organizations depend on the ability to receive and process Automated Clearing House (ACH) payments. The ACH system is an electronic funds system that transfers monetary payments. For example, ACH debit payments are often made as … Continue reading
Posted in ACH
Tagged ACH, ACH Debit Payment, ACH payments, ACH Processing, Electronic Fund Systems
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