What is the ACH Network?
The ACH Network is a highly reliable and efficient nationwide
batch-oriented electronic funds transfer system governed by NACHA
(National Automated Clearing House Association) operating rules. The
ACH network provides for the inter-bank clearing of electronic check payments
for participating depository financial institutions. We provide a
Virtual
Terminal web- based software solution for those of you
looking to be able to process check payments through the ACH network.
ACH
Payments Include:
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Direct Deposit of payroll, Social Security and other benefit checks
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Direct Payment of consumer bills such as mortgages, loans, utility
bills, insurance premiums and many more!
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Business-to-Business Payments
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E-Checks by online payments
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Check by
phone through the ACH Network
 The ACH Network is
currently utilized by over 115 million consumers, 4 million businesses
and is accepted by over 12,000 financial institutions.
The number of
e-check payments exceeded 208 million in 2nd quarter 2004, a
791 percent increase over the previous year. This was the first quarter
that e-check payments exceeded the number of paper check payments.
online payments and check by phone payments are the wave of the
future... are you ready to take advantage of the ACH Network?
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demo
Call today to speak to a ACH network payment processing specialist:
800-844-2044
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