Blog - Payments Industry Observations
Blog articles from PayPrin offering observations, insight and our perspective of various payments industry topics including important changes for online commerce merchants.
NACHA Announces Plans for Expedited ACH Capabilities
Great news for merchants who accept ACH as a payment method. NACHA has just announced a new ACH settlement plan, which will allow ACH transactions to settle in the same day. This is a very big change for NACHA.
The organization announced on Tuesday, March 18 that it will use a phased approach in rolling out a same-day settlement solution for ACH. Currently, ACH is, at best, a single, next-day settlement payment solution. NACHA is in the process of implementing steps that will change this to be a multiple, same-day settlement solution.
High Risk Agents Abound
Is it just us or does anyone else notice that High-Risk Merchant Accounts Experts are, well, everywhere nowadays? An expert is supposed to be a person who has a comprehensive and authoritative knowledge in a particular area, but we’d swear;
- They’re putting High-Risk Expert certificates in cereal boxes
- Someone is selling High-Risk Expert badges at flea markets
- Some diploma mill must be offering a street-credited High-Risk Expert degree program…online
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PayPrin News
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Extended ACH Services +
FOR IMMEDIATE RELEASE: Extended ACH Processing Options PayPrin® has extended their ACH (Automated Clearing House) processing services in the U.S. In addition to adding a new ODFI (Originating Depository Financial Institution), the company has also expanded its ACH service offerings… Read More -
More Shopping Carts +
FOR IMMEDIATE RELEASE: Extended Shopping Cart Options With the addition of a fourth gateway platform, PayPrin® announces that it now supports more than 175 different shopping cart options for card-not-present merchants of all sizes. Shopping carts already integrated into these… Read More -
Launch of Axis Gateway +
FOR IMMEDIATE RELEASE: Launch of New Axis Gateway PayPrin® is pleased to announce that it has recently launched its newest gateway platform - the Axis Gateway. The Axis Gateway is the premier payment gateway for merchants that want to accept credit… Read More
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