AUTOMATED CLEARING HOUSE
Electronic Check Payment Network
The Automated Clearing House is the electronic network which transfers and clears funds between banking institutions on behalf of merchants and their customers. Each transaction takes approximately 48 hours to clear, and we strongly suggest that merchants wait five days from the initial transaction date before shipping any goods. This leaves two days to debit the consumer’s account, two days to deposit the funds into the merchant’s account, and one day for the bank to post the transaction.
What is ACH?
Funds transfer system governed by the Rules of the National Automated Clearing House Association, which provides for the interbank clearing of electronic entries for participating financial institutions.
ACH Resource Links
Cornell Law School — US Codes / UCC / More
EastPay, Inc. 700 East Main Street, Suite 1411 Richmond, VA 23219
Phone: (804) 644-1642 Fax: (804) 648-5254
EastPay, Inc. 425 A South Sharon
Amity Road Charlotte NC 28211 Phone: (704) 366-7292 Fax: (704)
366-7557
Payments Central 3380
Tremont Road Columbus, OH 43221-2112 Phone: (614) 457-2204 Fax: (614)
457-4824
Cornell
Law School — UNIFORM COMMERCIAL CODE – ARTICLE 4 BANK DEPOSITS
AND COLLECTIONS
SHAZAM, Inc. 6700 Pioneer Parkway Johnston, IA 50131 Phone: (800)
537-5427 Fax: (515) 248-5828
If you are currently processing ask us how we can help you switch (fast and easy)
Allow us to understand and fulfill your payment processing needs and combine them into one comprehensive solution uniquely designed for you the merchant, your business, and your budget. Customized quotes are just a phone call away or fill out our online form and a customer service representative will call you.
ALL major credit & bank cards accepted along with checks
Single-source merchant services
Choice of equipment terminals (ask us what better suits your needs)
Online reporting / transaction management/ monthly statements
In-house RISK / UNDERWRITING departments
No High Prices
FREE American Express setup
FREE cost analysis & processing quotes
Discount POS Terminals and Equipment
Low Rates and Processing Fees
Quick Installation
Easy and Fast Approvals
Developer Support for Programmers
Real Time Internet Payment Processing
Experienced Company That You Can Trust
FREE 365 / 24 / 7 customer support
Terminal Sales (U.S. & Intl.)
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Merchant Account Sales (U.S. & Intl.)
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SPECIAL DISCOUNTS for churches & non-profit companies
Email contact: CreditCardMerchantProcessor
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