ACH For Payday Loan Merchants

Leading providers of technology-enabled payment processing services regularly deliver information on modern payment technologies. These companies’ blogs feature articles about ACH processing where you can find answers to your questions and valuable recommendations concerning your business. What Is ACH Processing? Automated Clearing House (ACH) is a nationwide electronic network. It enables businesses to send and

Important For Payday Loan Merchants – ACH Transaction Growth In 2015’s Fourth Quarter

ACH governing body NACHA (previously the National Automated Clearing House Association) has recently reported the total amount of transactions was 4.98 billion in 2015’s 4th quarter. This is up 5.5% from 4.72 billion registered in 2014’s fourth quarter. 2015’s third quarter had 5.9% increase. Fast-growing Transaction Codes Transaction categories related to one-time and recurring consumer