Digital Check Solution Checkbook.io Makes Headway in Auto Finance
Posted by Checkbook on Aug 13, 2018
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What is Same Day ACH?
Same Day ACH transfers offer a payment solution within the Automated Clearing House (ACH) network, enabling banks to send and receive ACH files on the same business day. This reduces the traditional ACH processing time by up to 1 business day. If the regular ACH transaction would take 4 business days the same day ACH will take 3 business days for the funds to clear.
A New Look
Starting Monday, Jan 18th 2021, Checkbook will be rolling out our latest recipient experience UI. These new templates were created to provide our customers and their recipient's with a clean and effortless design philosophy that many have come to expect of modern payment providers.
EFT Payments
Electronic Funds Transfer (EFT) is a digital process that allows money to be transferred between bank accounts without the need for physical checks, cash, or paper-based transactions. This method is widely used in banking and business to ensure faster, more efficient financial transfers. Common types of EFT transactions include direct deposits, wire transfers, and Automated Clearing House (ACH) payments. These methods provide a secure and reliable way to move funds, offering greater accuracy and speed in handling payments.
