5 Reliable Sources To Learn About What Is An ACH Payment Gateway?

Achpayments10 Mar, 2021News

Everyone that has anything to do with selling anything online has heard the term payment gateway. So exactly what in an Recurring ACH Payments Gateway and what does it do? We need to understand that the ACH Network, which is administered by NACHA, is a batch network. It doesn’t provide the ability to reserve funds like credit card networks do. Ultimately, ACH IVR Payments are originated and delivered to ODFI institutions. Depending on the sophistication of a given bank or credit union, differing methods of ACH transaction data delivery can be involved.