In this scenario, the processor will typically hold 5%-15% of your sales until they have on reserve the equivalent to either (A) one-half of your

What is ACH? A processing organization networked with others to exchange (clear and settle) electronic debit/credit transactions (no physical checks are actually presented to a

🧾 ACH SEC Code Breakdown SEC Codes define the type of ACH transaction being initiated—what kind of party is involved (consumer or business), how authorization

An acquiring bank is the Visa/Master Card member bank that establishes and maintains the merchant relationship and processes all merchant transactions.

AVS is a tool for merchants to reduce the risk associated with “card not present” transactions, such as mail order, telephone order or Internet transactions.