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Payments 2024

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    • What is ACH
      What is ACH and how does it affect your life? Here’s what you need to know.
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38 results related to "B2B payments"
November 14, 2023
From Same Day ACH Enhancement to the Return of Payments, a Busy 2022 is Ahead
… 105%.  When you combine a higher Same Day ACH limit with B2B payments you have the perfect match. Some of the Same Day ACH B2B use case examples include cash concentration and …
May 23, 2023
Five Ways to Drive Customers to Pay You Via ACH
… You want more ACH payments from your customers because ACH: Costs less than check and card payments; Requires less labor to process than checks and you … cash application, particularly for business-to-business (B2B) payments. But it’s hard to get customers to change …
May 15, 2023
5 Reasons Why It’s Crazy for Businesses to Write Checks
… was, “ Unlike Algebra, Businesses Need to Know About ACH Payments .” Remember the “Jetsons” cartoon when George … citing that 81% of respondents to their latest Payments Fraud survey reported being targeted—or … Sure Pay, Recurring Debit, etc.). Now, I hear from a lot of B2B accounts payable types, who say that’s fine for …
March 9, 2023
There’s More to the Numbers: What the Latest ACH Network Results Tell Us
… of the numbers that factor in. Business-to-business, or B2B, payments is a great place to start, given the phenomenal … growth there. In the second quarter there were 1.3 billion B2B ACH payments, a 28.7% increase over the same time in …
March 9, 2023
Strong Growth Continues for ACH Network as Volume Climbs Nearly 10% in Second Quarter of 2021
… with particularly strong growth in business-to-business (B2B) payments. The ACH Network processed 7.3 billion payments in … $18.4 trillion, an increase of 24.6% from a year earlier.  B2B payments increased 28.7%, to 1.3 billion payments.  …
March 9, 2023
Same Day ACH at Five: Strong Growth and a Bright Future
… six processing days that September there were 1.3 million payments worth a total of about $1.5 billion. Not a bad … half of 2021, there were more than 291 million Same Day ACH payments—debits and credits—transferring $439 billion. Those … them much faster using Same Day ACH. Business-to-business (B2B) payments can be made the day they’re due. Consumers can …
March 9, 2023
ACH Network Volume Up 7.7% in Third Quarter; Strong B2B Growth Continues as Healthcare Claims Pass 100M Mark
… Contact: Media Relations With business-to-business (B2B) showing particularly strong growth, and healthcare claim payments setting a record, the modern ACH Network recorded a … a rise of 13.8%. As it has throughout the pandemic, B2B volume continued its strong growth. There were 1.4 …
March 9, 2023
Afinis Interoperability Standards Releases New APIs for Account Ownership Validation and Payment Initiation
… owner as a way to provide greater certainty for originating payments to correct accounts,” said George Throckmorton, … API standard, Authorize to Initiate Payment, supports B2B debits, which commonly require payors to visit multiple … options and receivers to enable straight-through processed payments.    These two APIs are the newest additions to the …
March 9, 2023
AFP Survey Finds Major Shift to Electronic B2B Payments
… is mounting that businesses are increasingly moving to ACH payments and away from paper. The latest proof comes from … found that 73% of organizations are now transitioning their B2B payments from checks to electronic payments. For … ACH Network Administration. In 2021 there were 5.3 billion B2B payments on the ACH Network , an increase of 20.4% over …

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