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Choosing an ODFI for You and Your Merchants

Posted by Brandes Elitch on Fri, Oct 11, 2013 @ 03:00 PM

As an ISO, you primarily sell card processing, but sometimes a merchant will ask about your ability to process other payments. This might include recurring payments, such as monthly health club dues. Recurring payments are a natural for the Automated Clearing House (ACH). Some ISOs do not have a solution for processing ACH payments or they have tried to find one and have come up short. It is difficult to find a bank to process ACH transactions for ISOs, and here we’ll explore why.

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Tags: Payment Processing, NACHA, Independent Sales Organization (ISO)

Explaining ACH Transaction Roadblocks

Posted by Brandes Elitch on Tue, Sep 24, 2013 @ 10:00 AM

Hardly a day goes by without a call from an ISO, merchant, or processor who asks us for help in finding someone to process ACH transactions. There is usually some urgency in these requests – we can hear it in their voice. This is partly because of the customary and normal positioning by the ISO to handle all payments for the merchant:

 - Check (via remote deposit capture and guarantee)
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Tags: Payment Processing, NACHA, ACH

Site-Seeing: 5 Sites for Industry News

Posted by Kris Coughtry on Fri, Jun 17, 2011 @ 01:32 PM

Keeping current on industry trends and news can be a challenge. With limited hours in the day to devote to research, it's good to know that there are some web sites that can be relied upon to provide a snapshot of statistics, trends, forums and more. Rushed for time? Here's a look at five web sites that provide concise and current information on the retail industry, sales, marketing, and banking and financial news.

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Tags: NACHA, Funeral Homes

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