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If your bank or credit union has an item to return, wouldn’t you want it out the door ASAP? It can be done. Returns can go right out using same day processing windows. But that capability is being underutilized, and misconceptions appear to be a major …
Many organizations use small value ACH transactions to validate an account a customer uses to pay with or receive payments. These transactions are often called “test transactions” or Micro-Entries. Earlier this year, Nacha passed a new rule defining …