Payment-Times.com

ACH Processing Privileges is Not Like Getting a Checking Account…

Payment-Times — Fri, 04 May 2012 22:50:21 +0000

There will be a day when it will be next to impossible for the average sized business to get an ACH processing account because Third Party ACH Processors are not exercising due diligence. Stephen...

Information and Discussion about all things Payment Related.

PayItGreen – If You are Doing ACH Get Your Seal of Approval!!

Payment-Times — Mon, 23 Apr 2012 22:20:29 +0000

From the Desk of NACHA President & CEO Janet Estep For more than 40 years, Earth Day {www.earthday.org/2012} has served as a reminder of the Earth’s...

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Massive Credit Card Hacking Alert

Payment-Times — Fri, 30 Mar 2012 17:28:58 +0000

MasterCard, Visa confirm credit card data theft described as ‘massive’ As Reported by Bob Sullivan via MSNBC “MasterCard is currently investigating a potential account data...

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ACH Bill Payment Growth Continues While Paper Checks Fade

Payment-Times — Fri, 23 Mar 2012 18:06:06 +0000

New data from automated clearing house governing body NACHA reaffirm the continuing gains of electronic bill payment and the long-term decline in consumer check writing to pay bills. NACHA’s report...

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Visa Advises Members to Prevent Fraudulent Credits

Payment-Times — Thu, 23 Feb 2012 18:52:49 +0000

AP, Canada, CEMEA, LAC, U.S. | Acquirers, Issuers, Processors, Agents Visa is committed to safeguarding the integrity of its payment system by ensuring that all fraudulent activity is swiftly...

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Awareness of PCI Remains “Shockingly Low” Among Small Merchants, Study Finds

Payment-Times — Tue, 08 Nov 2011 13:28:07 +0000

Small merchants are not much more aware of—let alone compliant with—the Payment Card Industry data-security standard (PCI) than they were a year ago, according to a study released this week. Some 53%...

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TOTAL OUTSTANDING CONSUMER DEBT NOW NEARLY EQUIVALENT TO PRE-RECESSION LEVELS

Payment-Times — Tue, 08 Nov 2011 13:19:39 +0000

Release Date: Wednesday, November 02, 2011 Equifax’s latest National Credit Trends Report shows that Total consumer debt now stands at $11.2 trillion, nearly equivalent to the $11.1 trillion...

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A NACHA Proposal, out for Comment, Calls for Networkwide Same-Day ACH

Payment-Times — Fri, 30 Sep 2011 20:51:42 +0000

Posted by Digital Transactions 09/28/11 The automated clearing house network took a crucial step toward faster transaction movement last Friday when NACHA, the network’s governing body, distributed a...

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Bank of America’s Response to Durbin

Payment-Times — Fri, 30 Sep 2011 13:23:29 +0000

Posted by Chad Davis on September 30, 2011 at 9:05am As expected another big bank announced new fees associated with debit card usage. Bank of America recently announced a $5 per month...

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E-Complish Announces PaySecure Online PIN Debit Card Processing

Payment-Times — Tue, 30 Aug 2011 12:28:05 +0000

PaySecure allows the merchant to tap into 80+ million debit cards in the U.S. that can only be used with a PIN. There is no question that consumers who shop online are usually able to find better...

Information and Discussion about all things Payment Related.