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While credit cards are the most widely accepted form of online payment, Crystal Payments ACH (online check) solution gives merchants the ability to accept ACH payments and increase transaction volumes by 20% or more.
We offer enhanced verification options with this service, along with our enhanced fraud scrubbing modules to minimize fraud and returns. Merchants have the ability to accept an electronic check in the virtual terminal, on the payment form, and in Direct Mode, with little or no changes to their websites. This additional element is provided with all the same supplementary features as our credit card processing, including real-time reports, recurring billing, membership management, as well as customizable forms and email receipts.

The Automated Clearing House (ACH) is an electronic network for financial transactions in the United States. ACH processes large volumes of credit and debit transactions in batches network.
 ACH is a highly reliable and efficient nationwide batch-oriented electronic funds transfer system governed by the National Automated Clearing House Association (NACHA) Operating Rules which provide for the interbank clearing of electronic payments for participating depository financial institutions. The Federal Reserve and Electronic Payments Network act as ACH Operators, central clearing facilities through which financial institutions transmit or receive ACH entries.

How Does ACH Work?

1. Merchant authorizes a company/individual (Originator) to initiate a transaction to their financial institution account.
2. The Originator prepares information about the transactions that are to be automated by the merchant and passes it along to an Originating Depository Financial Institution (ODFI).
3. The ODFI collects ACH transactions from participating companies, consolidates the information and presents it to the ACH Operator. (The ODFI may retain entries for its own account holders)
4. ACH Operator processes transaction files from submitting ODFIs and distributes it to Receiving Depository Financial Institutions (RDFls).
5. The RDFI receives entries for its customer accounts and posts entries on the settlement date. Transactions are also reported on account statements. The RDFI may, however, reject the ACH transaction and return it to the ODFI if, for example, the account had insufficient funds or the account holder indicated that the transaction was unauthorized. An RDFI has a prescribed amount of time in which to perform returns, ranging from 2 to 60 days from the receipt of the ACH transaction. However, the majority of returned transactions are completed within 24 hours from midnight of the day the RDFI receives the transaction.

- Time day 60. However when a consumer receives a statement on day 30, under Regulation E, the consumer can dispute the
   transaction until day 90. The RDFI is at risk from day 60 to 90 due to the different timelines.
  Why process ACH with Crystal Payments?
We provide a reliable and secure payment system as well as virtual terminal to process your online order safely and efficiently.

Best of all, through our years of experience in electronic check processing, our pool of database will help to screen out the potential fraud transactions, to ensure you, the merchant, enjoy the benefits of secure electronic funds transfer.

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