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.

Wix Collabs With Choice to Bring ACH Payments to Merchants 
Wix Collabs With Choice to Bring ACH Payments to Merchants 
August 31, 2022  |  Digital Payments

Software-as-a-service (SaaS) platform Wix.com is collaborating with global payments company Choice to bring Automated Clearing House (ACH) electronic funds transfer payments to Wix’s U.S.-based merchants....

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Aeropay Helps Software Maker Dispense Offer Cashless Cannabis Payments
Aeropay Helps Software Maker Dispense Offer Cashless Cannabis Payments
August 24, 2022  |  Digital Payments

Cannabis industry payments firm Aeropay has joined forces with Dispense, maker of cannabis eCommerce and dispensary management software. Integrating Aeropay’s platform with Dispense’s software solves...

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Neat Company Nixes Fees for ACH Transactions
Neat Company Nixes Fees for ACH Transactions
August 16, 2022  |  B2B Payments

The Neat Company has eliminated the standard 1% fee for ACH transactions, a move the company said makes it unique among small business financial platforms....

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Today in B2B Payments: Supply Chain Snarls Ease; B2B ACH Volume Rises 12.3% in Q2
Today in B2B Payments: Supply Chain Snarls Ease; B2B ACH Volume Rises 12.3% in Q2
August 05, 2022  |  B2B Payments

Today in B2B payments, global supply chains report less strain in July than at any point since January 2021, while NACHA says B2B automated clearing...

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Healthcare Represents 20% of GDP That Desperately Needs Payments Efficiency
Healthcare Represents 20% of GDP That Desperately Needs Payments Efficiency
August 05, 2022  |  Healthcare

At more than $4 trillion, healthcare spending in the United States accounts for nearly 20% of gross domestic product (GDP), a far greater share than...

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Same-Day ACH Payments Double in Q2
Same-Day ACH Payments Double in Q2
August 04, 2022  |  Digital Payments

The ACH Network moved 7.5 billion payments totaling nearly $20 trillion value during the second quarter, according to an announcement from Nacha, the industry group...

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Inflation Increasing Consumer, Merchant Use of Digital Payments
Inflation Increasing Consumer, Merchant Use of Digital Payments
August 03, 2022  |  Digital Payments

“Belt tightening is something we are seeing across the economy, and everyone is trying to squeeze more out of the payment process.” That’s what Tom...

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Today in B2B Payments: GrubMarket Adds IOT Pay to Enter Financial Services; Coinshift Teams With Cryptocurrency Crowdfunder EarthFund
Today in B2B Payments: GrubMarket Adds IOT Pay to Enter Financial Services; Coinshift Teams With...
August 02, 2022  |  B2B Payments

Today in B2B payments, Mashreq debuts non-banking services initiative for small businesses while Montway Auto Transport debuts a digital platform. Plus, ACH network moves 7.5...

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ACH Network Moves 7.5B Payments Led by Same-Day Growth
ACH Network Moves 7.5B Payments Led by Same-Day Growth
August 02, 2022  |  Digital Payments

The national Automated Clearing House (ACH) network for electronic funds transfers moved 7.5 billion payments totaling $19.6 trillion in the second quarter of this year,...

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