February 23

5 Quick Tips For ACH Integration Solutions

ACH Integration Solutions allow developers and Saa [...]

ACH Integration Solutions allow developers and SaaS platforms to automate payment collection, disbursement and reconciliation. The ACH Payment Processing option allows for the utilization of an ACH API [Application Programming Interface], and the debiting/crediting of checking/savings accounts via the ACH network.

Paper checks are susceptible to fraudulence, and are too burdensome and expensive to handle for organizations and/or applications looking to accept payments from bank accounts. For applications providing payouts to businesses/affiliates, ACH Integration Solutions are a far more prudent option for handling ACH credits. ACH Integration Solutions provide more feasible methods for streamlining cash flow, and a dependable, affordable payment vehicle with API functionality adds value for your user base. This ultimately leads to more satisfied clients.

February 08

5 Reasons Why People Like Low Cost Ach Payment Processing

Consider the business above billing 500 clients. 7 [...]

Consider the business above billing 500 clients. 75 or so decline resulting in revenue shortage of $7500/month or $90k per year. Sure effort [read $ costs] will be made to re bill but you can count on 2 things: 1-You are going to lose revenue and 2-You are going to lose customers you just could not collect from.

Contrast this with the ACH Payment Gateway world. How many times in the past five years have you changed bank account? And how many new credit cards?  You can see why decline rates are much lower, typically averaging around 2%. 15% versus 2%—BIG reason why a low cost ACH Payment Processing option is MUST HAVE for recurring billers.

February 02

Ach Processing And Credit Card Processing Solutions | ACH Payments

ACH Processing for Start Ups. We regularly field i [...]

ACH Processing for Start Ups. We regularly field inquiries from start-ups as well as established businesses that believe they have an app that can become the next Venmo. Venmo allows person to person or P2P payments ACH Virtual Terminal. The startup wants to replicate the easy moving of money using an ACH Processing Solution. Many times we listen to the idea and say that is a great idea.

Why? - It has to with being classified as a Money Transmitter or Money Service Business. This type of business classification means governmental organization scrutiny and of course tremendous expense as well as time. We are talking potential years of time and millions of dollars. Most of these requirements center around money laundering (Info at FINCEN and FINRA ).

January 21

4 Significant Benefits Of IVR For Businesses

As you may know, eCheck transactions are processed [...]

As you may know, eCheck transactions are processed at a much lower rate than credit card transactions. As we have stated above, organizations that might utilize IVR for payments most likely know their customer well and have an ongoing relationship with them. They’re not selling a widget and shipping it with never hearing from them again. This makes Recurring ACH Payments (eChecks) an ideal payment modal for employing along with IVR Payments, especially for higher dollar transactions that invoice billing is generally associated with, e.g., loan payments or professional services.

January 13

ACH Payment Processing With IVR Payments

And then there’s the security benefit from ACH IVR [...]

And then there’s the security benefit from ACH IVR Payments. When you eliminate human customer service agents from the equation of taking payment information, you eliminate a potential source of fraudulent use of sensitive data. Let’s face it; it only takes one disgruntled employee. Moreover, customers are simply more comfortable remitting their credit card or checking account information to an IVR system then someone at a call center. ACH Payments has been supplying payment technologies for over 20 years. If you’re considering IVR ACH Payment Gateway for your organization, contact us to learn what we can do for you.

January 08

ACH Processing Integration - ACH Integration API | 2021 Guide

The only work on your side would be an upload of l [...]

The only work on your side would be an upload of late payer info. This info can consist of whatever the business deems relevant to collect. If the business wants the customer to essentially “locate” their invoice this can be accomplished.

Customer enters their ACH bank account information and receives confirmation the payment has been made. An email can be sent to both the business and the customer with relevant payment details. The business can pull down reports via an API ACH Integration or use a Virtual Terminal to gain full reporting insight.

November 21

ACH Payment Processing: Secure Payment Systems Solution For Your Business

Products on a subscription model tend to be someth [...]

Products on a subscription model tend to be something either ancillary to an associated product that keep them functioning or something not of significant value that might cause significant harm to the company’s bottom-line ACH And CC Payment Solution. Services can many times be paused or access can be denied until the customer makes their form of payment “right,” like restricting a subscription service.