Payments Hub

There is a multitude of reasons why a bill pay software can pad your cash flow and help your budget. There can be time and stress in the monthly bill-paying pro…

Positive pay is a form of treasury management that works to identify altered checks and prevent check fraud. It stops criminals from cashing fraudulent checks u…

Payment management software uses artificial intelligence (AI) and robotic process automation (RPA) to streamline and automate the process. RPA, its tie to AI, a…

An ACH direct deposit is a type of electronic funds transfer made into a consumer’s checking or savings account from their employer or a federal or state agen…

Knowing if and when to use ACH payments can lower transaction fees, reduce administrative costs by decreasing processing time, and create a seamless payment sy…

Oftentimes, it’s difficult to tell whether you’re using a Stripe payment API to checkout or not. The odds are, though, that you probably have. The Stripe brand …

There are multiple verification options to make sure an ACH payment is genuine. The common thread running them all of them is to confirm the account information…

Before the Internet, a brick-and-mortar store needed just a merchant account to process payments. But with an online space, a business needs a virtual payment s…

EFTs are regulated by the Electronic Funds Transfer Act (EFTA) which lays out the liabilities and rights for electronic funds transfers. According to the U…

You will see electronic payments abbreviated in many ways like “epayment” or “e-payment” but it’s all the same. People use electronic payments bec…

If the aggregation model does not fit your business, you may want to consider a payment processing partnership. This system transfers the inherent PayFac risk…

The payment aggregator model is a cost-effective and efficient approach for a large volume of smaller transactions. This is why they work well for a marketpla…

Straight-through processing (STP) is an automated method used by financial companies to speed up processing transactions. STP does not require manual interventi…

In 2017, more than $40 trillion were moved electronically through bank accounts via 23 billion financial transactions. All of this was possible thanks to ACH pa…

There are numerous ways to learn about Automated Clearing House (ACH) payment processing. We’ve put together an easy-to-understand guide you can turn to when …

Paper checks and wire transfers have their drawbacks. From high transaction costs to slow processing times (for paper checks), these payment methods boast numer…

Parallel payments, where payments that are sent directly to each receiver with the fees shared by each receiver respectively, and chained payments, where paymen…

With paper checks steadily decreasing while ACH payments are on the rise, it’s evident that increasing number of companies are realizing the benefits of issuing…