For merchants, the development of high-speed Internet access has revolutionized the way business is done. Today, an increasing part of commerce is handled entirely electronically. Not only do Electronic Funds Transfers save merchants and customers both time and money, they also offer greater security and flexibility. At Smart Payment Solutions, we specialize in providing businesses […]

Popularity Index: 5%

Since 1991, the use of ACH processing has grown by an impressive 15 percent annually. From direct debit to direct deposit, consumers have become increasingly comfortable with the benefits of electronic transactions. Beyond providing convenience and speed, they also save businesses a substantial amount of money.
Whether businesses accept credit cards or paper checks, merchants ultimately […]

Popularity Index: 6%

Nowadays a growing number of employees no longer receive their salary via check. Instead, most of us use something commonly known as direct deposit. This system enables an employer to deposit money directly into an employee’s account on a set date, once or several times each month. Direct deposit works using a network known as […]

Popularity Index: 3%

The Automated Clearing House (ACH) provides a secure, private electronic payment transfer system which connects all financial institutions in the United States. From direct paycheck deposits to recurring automated payments, the ACH is the network through which electronic funds transfer (EFT) transactions flow. Until recently, access to this network was limited to companies with enough […]

Popularity Index: 3%