What Is an ACH Payment? An Overview An ACH (Automated Clearing House) payment is an all-digital transfer of funds between bank accounts, without using a traditional card- or paper-based transaction, through the ACH network. ACH payments, also called direct payments, use the secure ACH network for bank-to-bank transfers for various financial transactions, including: Direct deposits … Read more
What Is PayPal Bill Pay? PayPal Bill Pay simplifies the bill-paying process by allowing users to consolidate and manage their bills directly through their PayPal accounts. With PayPal Bill Pay, users enjoy a more efficient and organized approach to handling their financial obligations. With a centralized bill management hub, the payment process is streamlined. Countless … Read more
What Does PCI Stand For? PCI stands for payment card industry; it refers to security standards established to protect sensitive financial information during transactions. The PCI DSS, or Payment Card Industry Data Security Standard, is a security structure that outlines requirements for organizations that handle credit card data. The PCI DSS was established by major … Read more
Secure merchant services act as a third-party agent between merchants (a business) and payment processors or acquiring banks. The critical role of a secure merchant service includes: Payment Processing: Merchant services provide the infrastructure and technology to enable businesses to accept various payment methods, including credit or debit cards and electronic payments. Payment Gateway Integration: … Read more
While security and compliance aren’t new topics for government agencies and departments, understanding how to implement better processes and integrate AI into those practices is a top concern. In the latest Government Roundtable Series Webinar, CORE’s SVP of of Development—Alan Pyrz, SVP Development & Engineering—Justin Leapline, Founder at Episki—and Shash Cates, VP of Marketing at … Read more
While the credit card payment process may seem to take place instantaneously, a lot happens behind the scenes to ensure the payment is accurate and delivered on time. Discover who is involved in each step of the credit card transaction process and how payment processing works. Who Participates in Processing Credit Card Payments? In a … Read more
An electronic billing system, or e-billing system, processes online payments as electronic bills and payment submissions. Citizens can submit payments on their electronic devices and the payments are sent directly to the government agency who originally sent a bill. The entire e-billing process refers to billing, payment collection, and notifications sent to both the recipient … Read more
Electronic billing presentment and payment (EBPP) is the process of electronically delivering bills or invoices to customers or constituents, allowing them to make payments online. EBPP conveniently enables government agencies to consolidate billing information into a single digital platform, combining invoice generation, delivery, and payment processing. Convenience is precisely what EBPP is designed for. When … Read more
Welcome to the new Age of Experience, where the interactions that a customer has with an enterprise is an extension of their brand and services. In recent years, enterprises have been under growing pressure to transform operations and invest in innovative technologies and processes to account for this digital shift. The need to adopt transformative … Read more
Payment facilitators make it faster, cheaper, and easier to process payments. Find out more about how using a payment facilitator can: What Is a Payments Facilitator? A payment facilitator, also known as a PayFac, is a sub-merchant account for a merchant service provider. This sounds complicated, but at the most basic level, a payments facilitator … Read more
