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PASADENA, CA, September 07, 2012 /24-7PressRelease/ -- Automated Clearing House (ACH) is an electronic network for financial transactions in the United States. ACH processes large volumes of credit and debit transactions in batches.
ACH credit transfers include direct deposit payroll and vendor payments. ACH direct debit transfers include consumer payments on insurance premiums, mortgage loans, and other kinds of bills.
Debit transfers also include new applications such as the point-of-purchase (POP) check conversion pilot program sponsored by NACHA - The Electronic Payments Association. Both the government and the commercial sectors use ACH payments. Businesses increasingly use ACH online to have customers pay, rather than via credit or debit cards.
Alternative Payments (www.alternativepayments.com); a California based corporation that specifically address the needs of consumers to be able to pay online for goods and services with methods other than their credit card. With the advancement of the World Wide Web, offering the right billing solution becomes more important as payments are crucial to the overall growth of the eCommerce market.
For further details on how ACH works or to enroll in the program, please contact [email protected].
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