Blog

Top 6 Reasons to Use ACH For Your Business

By |January 2nd, 2018|

Do you know why you should use ACH for your business? In this blog post we share several benefits of using ACH and partnering with a processor like VeriCheck.

ACH payments are quicker and more reliable than paper checks. When a customer sends a check for payment, the business must wait for the mail to come, […]

Best Accounts Receivable Practices for Entrepreneurs

By |December 18th, 2017|

Companies that are unable to collect payment from their customers have to turn to their cash reserves or to seek outside financing to make ends meet. This means less cash is available to help you grow your business. Dealing with accounts receivable is one of the best reasons for a small business to hire a payment processor that provides ACH solutions.

Security and the ACH Process

By |December 4th, 2017|

As with any type of financial transaction, such as checks, credit cards and debit cards, various security measures must be used with ACH to ensure against fraud. These are required by NACHA (the National Automated Clearinghouse Association), the organization that administers ACH payments.

How to Select a Payment Processor

By |November 30th, 2017|

To offer ACH as a payment option, a business needs to partner with a payment processor that is equipped to process ACH transactions.

What are electronic checks and what are the benefits?

By |October 13th, 2017|

An electronic check is an electronic payment funded by the buyer’s bank account. Electronic checks use information found on the buyer’s check to carry out an electronic funds transfer. They can thus be processed through the ACH (Automated Clearing House) system.

Electronic checks are processed similarly to paper checks and are governed by the same laws […]

How to Streamline Operations with ACH

By |August 21st, 2017|

ACH (Automated Clearing House) is a nationwide computer-based network that electronically processes financial transactions between institutions such as banks that participate in it. Businesses and individuals that use ACH can use it to pay their employees, make payments to vendors, pay insurance premiums and mortgage loans, and much more.

ACH payments are effective substitutes for paper […]

What is ACH?

By |March 15th, 2017|

ACH (Automated Clearing House) is a nationwide computer-based network that electronically processes financial transactions between institutions such as banks that participate in it.

Through the use of ACH, businesses and individuals are able to pay their employees, make payments to vendors, pay insurance premiums and mortgage loans, and engage in all sorts of other transactions. ACH […]

Lower Your Transaction Costs by Offering ACH Donations

By |February 2nd, 2017|

The buzzword these days, in relation to processing transactions, is fundraising websites. Fundraising websites involves crowdfunding and recurring donations to nonprofits, churches, charities, and independent causes that need consistent donor support and contribution. Churches and nonprofits want to utilize the convenience of the internet to collect electronic funds through the processing of credit and debit […]

E-Checks vs Paper Checks

By |December 17th, 2016|

An E-Check works similarly as a Paper Check by debiting money directly from a bank account. The delay in waiting for paper checks through snail mail is eliminated, hence adding efficiency to the accounts receivable process.