ACH

An automated clearing house is a computer-based electronic network for processing transactions, usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits.

Bank of America Introduces ACH Positive Pay on Its CashPro App
Bank of America Introduces ACH Positive Pay on Its CashPro App
March 10, 2022  |  Banking

With business clients from Bank of America using mobile devices to manage their treasuries and payments more often, the bank is rolling out its new...

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The Rhode Island Department of Business Regulation on Using ACH Transactions to Unlock Seamless, Secure Payments
The Rhode Island Department of Business Regulation on Using ACH Transactions to Unlock Seamless, Secure...
March 10, 2022  |  Faster Payments

Government bureaucracy and paper checks may have a long history together, but ACH is making inroads as a fast, reliable and paper-free alternative. In the...

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Average Marketplace Seller Waits 3.3 Days to Get Paid
Average Marketplace Seller Waits 3.3 Days to Get Paid
March 07, 2022  |  B2B Payments

Many small sellers rely on digital marketplaces to stay afloat. Still, they face an ongoing challenge when it comes to promptly receiving the sales proceeds...

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ACH Volume on The Clearing House’s EPN Outpaced Industry in 2021
ACH Volume on The Clearing House’s EPN Outpaced Industry in 2021
March 07, 2022  |  Payment Methods

The number of transactions on the electronic payments network (EPN), the automated clearing house (ACH) for electronic funds transfers (EFT), increased by 9.6% last year,...

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Marqeta, Plaid Team on ACH Transfers for Marqeta Customer Accounts
Marqeta, Plaid Team on ACH Transfers for Marqeta Customer Accounts
February 15, 2022  |  Partnerships

Global card issuing platform Marqeta is partnering with data network Plaid, according to a press release emailed to PYMNTS. Plaid powers several programs that millions...

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Payroc Launches ConsumerChoice Offering for the Card-Not-Present Environment
Payroc Launches ConsumerChoice Offering for the Card-Not-Present Environment
February 07, 2022  |  Payment Methods

Payments company Payroc is rolling out a new choice offering for a card-not-present environment, allowing businesses to accept all card and ACH payment types at...

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UK Merchants Cut Costs by Adopting Open Banking Payments
UK Merchants Cut Costs by Adopting Open Banking Payments
February 04, 2022  |  B2B Payments

Traditional card-based payment options carry high costs and introduce “an awful lot of friction” into payment processes, often leading to a high rate of online...

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Property Managers Boost Efficiency With Online, Real-Time Payments
Property Managers Boost Efficiency With Online, Real-Time Payments
February 04, 2022  |  Digital Payments

Despite the importance of paying rent on time and ensuring that it has actually been paid, most tenants are still paying with paper checks. That’s...

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ACH Network up to 29.1B Payments Valued at $72.6T in 2021
ACH Network up to 29.1B Payments Valued at $72.6T in 2021
February 03, 2022  |  Faster Payments

The modern ACH Network saw “significant growth” in 2021, processing 29.1 billion payments totaling $72.6 trillion, while same-day automated clearing house (ACH) payment volume was...

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