With debit card interchange rates expected to go down next year, rates for automated clearing house debits could go up as financial institutions attempt to make up for lost revenue, new research ...
It’s an obscure transaction code that even many payments people haven’t heard of. But POS, the code established by the automated clearing house network for debit card payments, is surging as major ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The new module will expand the capabilities of the PEP+ automated ...
A year after launching the same-day Automated Clearing House process for credit payments, Nacha says same-day ACH for debit payments began Friday. Processing Content The same-day clearing processes ...
PIN debit transactions are growing significantly faster than signature debit payments. Checks processed electronically are approaching half of all checks paid. And transactions on the automated ...
Digital bank Chime notes that if you’ve ever tried to schedule an automatic bill payment from your bank account or received a direct deposit, then you may appreciate how convenient these transactions ...
ACH (Automated Clearing House) payments are authorized electronic funds transfers between financial institutions that credit or debit an account. Electronic payments can save your business time and ...
On August 29, 2025, U.S. Citizenship and Immigration Services (USCIS) announced that, after October 28, 2025, they will only accept electronic payment, either ACH debit transactions (using Form G-1650 ...
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