Say you want to send a relative money for their birthday, but they live across the country and dropping a check in the mail feels too risky. You may decide to make an electronic, person-to-person ...

With so many dollars floating in the ether at the touch of a button, it’s important to understand how your money is sent and received in this digital age. Transferring funds can be convenient, but ...

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 ...

Payment processing can be daunting for small business owners, but it doesn’t have to be. Credit and debit cards are the most common form of payment, especially for online services. But it’s beneficial ...

Learn how to be compliant with UB policies and the payment card industry. Accept credit, debit and electronic payments from customers, in-person and for services over the web. Learn how to ensure ...

Last month, the CFPB updated its Electronic Fund Transfers FAQs that address compliance with the Electronic Fund Transfer Act (EFTA) and Regulation E. The FAQs ...

Running a business online can be a real balancing act, especially when it comes to getting paid. For those selling to other ...

Article 4A of the Uniform Commercial Code does not govern debit transactions or consumer transactions, but understanding Article 4A is crucial to understanding electronic transfers. Processing Content ...