Back in the late 1990s many people in the banking industry believed the world of e-commerce would require new payment instruments. Entrepreneurs came up with virtual cash schemes, while bankers worked ...

ACH Payment Processing: What It Is and How It Works Your email has been sent Key takeaways: Merchants primarily use ACH payments to collect recurring revenue from subscriptions, memberships, and ...

The Check 21 law created the substitute check, or image-replacement document. After six years and a brief boom, IRDs are on their way to the payments dustbin, just as Check 21’s backers intended. What ...