How To Make Sure You Get Your Payments

How To Make Sure You Get Your Payments

When you work with clients or other businesses and provide products or services, there are fairly substantial amounts of money that may be involved. Most businesses are run by honest, ethical people that appreciate the product or services you provide, so malice is usually not involved when payments don’t come in on time. But if […]

The Truth Behind Cards with High Processing Rates

I stood next to my dad while he handed the cashier his credit card.  Lunch with Dad is always a special treat, but this time I was even more excited because I was introducing him to my new favorite restaurant for the first time.  “I’m sorry…we don’t accept American Express.”  I don’t think Dad liked […]

Posted in EFT

EFT – Save Money and Trees

To those who have never owned a business, the process probably seems quite simple: you come up with a good idea, choose a location out of which to operate, and simply welcome the customers in to buy your product or service. However, those that have been managing businesses for years know that there is much […]

Posted in EFT

EFT – Save Money and Trees

To those who have never owned a business, the process probably seems quite simple: you come up with a good idea, choose a location out of which to operate, and simply welcome the customers in to buy your product or service. However, those that have been managing businesses for years know that there is much […]

EFT (Electronic Funds Transfer)

Electronic Funds Transfer (EFT) is a system of making or receiving payments through a system of direct bank transfer. This means no paper money or checks ever changes hands. EFT can be used in many situations including employee payroll, government payments, tax payments, receipt of benefit payments (government or private), or personal payments. Personal EFT […]

What is Electonic Funds Transfer (EFT)?

Electronic Funds Transfer (EFT) is a system of making or receiving payments through a system of direct bank transfer. This means no paper money or checks ever changes hands. EFT can be used in many situations including employee payroll, government payments, tax payments, receipt of benefit payments (government or private), or personal payments. Personal EFT […]

Posted in EFT

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 the U.S., the Federal Reserve and the private Electronic Payments Network (EPN) are the two […]