What is ACH Payment Processing?

What is ACH Payment Processing?

What's ACH?

ACH, or Automated Clearing House, is the technology that processes electronic financial transactions between all banking and financial institutions throughout the U.S. and is governed by Nacha. Within the network, ACH payments are composed of two electronic payment types: ACH debit (e.g., bill payments) and ACH credit (e.g., direct deposits such as refunds, government benefits and more). 

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Unique Challenges Facing Healthcare Providers

Unique Challenges Facing Healthcare Providers

The payment processing industry is changing rapidly. The healthcare providers who continue to do things the way they’ve always been done will be left behind. This blog post discusses three unique payment processing methods that healthcare businesses can use to overcome these obstacles.

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Why Credit Unions Need to Accept Mobile Payments

Why Credit Unions Need to Accept Mobile Payments

Use mobile payments to scale your business for rapid growth!

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Ease The Burden on Your Healthcare Staff with Simpler Payments

Ease The Burden on Your Healthcare Staff with Simpler Payments

Healthcare facilities need to simplify the payment process for their patients who receive care, for the purposes of both patient care and employee morale. This is especially true at a time when the patient responsibility portions of medical bills are increasing, putting a strain on patient finances. A Kaiser Foundation Family report found that patient out-of-pocket costs increased almost 230% from 2006 to 2015.

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3 Keys to Optimizing the Healthcare Revenue Cycle

3 Keys to Optimizing the Healthcare Revenue Cycle

Unlock your potential by optimizing your healthcare revenue cycle today!

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Top Payment Processing Challenges for Healthcare Providers in 2021

Top Payment Processing Challenges for Healthcare Providers in 2021

Out of all the industries impacted in 2020, healthcare is at the top of the list, from changes in legal policies, all the way to the decay of rural hospitals, it’s no surprise that these businesses are seeking some kind of relief to these new challenges.

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8 Things Your Payment Provider Must Have in the ARM Industry

8 Things Your Payment Provider Must Have in the ARM Industry

Optimize your ARM business with the right payment processor!

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Top 5 Trends in ARM: Payment Acceptance Shifts in the Collection Industry

Top 5 Trends in ARM: Payment Acceptance Shifts in the Collection Industry

Every industry is seeing drastic changes in how they operate their business; ARM is no exception. Depending on your industry, things can fluctuate quickly or stay at the same pace for years. However, in the wake of the pandemic, we have noticed a few significant trends in the ARM industry that collection agencies have seen in 2020 that are likely to continue in the future.

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PCI Compliance, Why Credit Unions Need to Annually Review Their Compliance

PCI Compliance, Why Credit Unions Need to Annually Review Their Compliance

The nature of a credit union is to hold and secure sensitive information. For that very reason, many companies choose to partner with payment providers because they need someone to help them meet the highest compliance and security levels to keep their customer’s banking information safe.

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How to Improve Your Collections Process in 5 Steps

How to Improve Your Collections Process in 5 Steps

Improve Your Collections Process Through Payments!

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