Resources for Check Processing Services

Quickly find providers of check processing services. Review listings for links to check processing companies providing online internet check processing and check verification solutions to businesses.
Payroll Accounting Services in the US

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Payroll Services in Alabama

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Payroll Services in Arizona

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Payroll Services in Connecticut

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Payroll Services in Georgia

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Check Processing Services Key Terms


Check processing services can help you process multiple and recurring payments as well as verify available funds. These service can lower the number of non-sufficient funds checks and charges. Many small businesses are choosing to use these service to help them have peace of mind about using their checks. There are some industry terms and phrases that could  confuse new customers. Learning the meanings of check processing services key terms reduces confusion and helps you find the services you need.

The Electronic Payments Association

The Electronic Payments Association, more formally known as NACHA, oversees the Automated Clearing House (ACH) companies. NACHA institutes rules and regulations for all ACHs.

ACH

The Automated Clearing House (ACH) is a nationwide bank transfer network. The ACH uses a batch system to conduct multiple transfers at once. The Automated Clearing House can be used for direct deposits, business-to-business transfers and direct payments.

ITI Internet Services

ITI Internet Services check processing helps businesses set up processing over the Internet, which is much more cost effective than accepting credit cards. This company charges fees that remain the same regardless of the amount of the check being processed.

E-check

An e-check, or electronic check, is a check that is transferred through the Internet. Many check processing companies allow e-check transactions so that their customers can accept check payments over the phone.

NCN

National Check Network (NCN) is a national database of more than 120 million bank accounts across the country. This network is commonly used for check verification and approval.

RPM

RPM stand for a Recurring Payments Manager. RPM is also called automated recurring billing (ARB). An RPM is a check processing service that allows users to process regularly scheduled payments. These are commonly used by customers who pay the same bill amount each month.