Payments 101, Part 7 – Checks

By |2021-04-06T22:15:00+00:00April 6th, 2021|ACH, Checks, Legal issues, Payments, Payments 101|

This is part of an ongoing series.  For previous installments, go here. Before we wrap up our tour, there is one more payment method we have to cover, which is the check.  The oldest non-cash payment method, it is also the only one that is on the decline, although its death is protracted and uncertain.  [...]

Payments 101, Part 6 – ACH, Wires and Faster Payments

By |2021-03-01T19:30:28+00:00February 26th, 2021|ACH, Payments, Payments 101, Wires|

We are nearing the end of our initial excursion into the basic payment methods with what are the most fundamental ones, albeit the least familiar to the average person.  ACH and wires are the plumbing behind all the other payment types, as well as their own products.  Faster Payments systems are just a refinement, with [...]

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