ACH Direct Announces Certification with Global Payments.Business Editors PALM SPRINGS, Calif.--(BUSINESS WIRE)--May 1, 2003 ACH (Automated Clearing House) A system of the U.S. Federal Reserve Bank that provides electronic funds transfer (EFT) between banks. It is used for all kinds of fund transfer transactions, including direct deposit of paychecks and monthly debits for routine payments to Direct Inc., a leader in payment processing, today announced that it has received certification with Global Payments Inc. (NYSE NYSE See: New York Stock Exchange :GPN GPN Great Plains Network GPN Great Plains National (Instructional Video) GPN Grosse Pointe North (high school) GPN Global Pastors Network GPN Global Policy Network ), a leading provider of electronic payment card and check processing solutions. ACH Direct, through its PaymentsGateway platform offers a state-of-the-art single-source solution for the processing of credit cards, debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. and checks. The PaymentsGateway platform can be utilized by traditional retail merchants in addition to mail order, service industry and Web-based businesses. Through the PaymentsGateway platform, merchants have the ability to manage their transactions, schedule single and recurring transactions and view and download transactional data from anywhere in the world. A complete suite of reports is available for all methods of payments and can be used to manage and analyze transactional activity for a merchant's entire enterprise. ACH Direct has a complete line of products that can take advantage of the PaymentsGateway platform including its SoftTerminal, Virtual Terminal, Telephony and Direct Billing direct billing Managed care The submission of bills for services rendered–eg lab work directly to the party–ie Pt or financially responsible third party–insurance company, for whom the service was performed, rather than to the physician who ordered the test programs. ACH Direct also offers a variety of free developer tools to seamlessly integrate the PaymentsGateway platform into existing software and hardware systems for both batch mode and real-time transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. . "ACH Direct is very excited to add Global Payments to our list of certified processing platforms," said ACH Direct's president, Jeff Thorness. "We look forward to offering a whole new breed of solutions and service offerings to Global Payments' resellers and their merchants." "Global Payments is pleased to offer processing services for the ACH Direct PaymentsGateway platform," said Jill E. Gapper, director of product integration for Global Payments. "We welcome ACH Direct to our extensive list of certified products," she added. For more information about ACH Direct's full line of products and services, contact one of the company's sales professionals at 888/235-4635 or visit the company at http://www.achdirect.com. ACH Direct is the leader in electronic funds transfer See EFT. (application, communications) electronic funds transfer - (EFT, EFTS, - system) Transfer of money initiated through electronic terminal, automated teller machine, computer, telephone, or magnetic tape. processing and provides services to merchants, Independent Sales Organizations This article or section deals primarily with the English-speaking world and does not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. (ISOs), financial institutions, government agencies and companies located throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. ACH Direct offers a comprehensive line of payment products and solutions, including check conversion, check verification, direct deposit payroll processing and electronic bill payment and presentment. ACH Direct also provides the state-of-the-art PaymentsGateway platform featuring extensive payment processing, reporting and anti-fraud options. For more information, visit the company at http://www.achdirect.com and http://www.paymentsgateway.com. Global Payments is a leading provider of electronic transaction processing services to merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada and Europe. Global Payments offers a comprehensive line of payment solutions, including credit and debit cards, business-to-business purchasing cards A Purchasing Card is a form of company credit card that allows goods and services to be procured without utilising a traditional purchasing process. Purchasing Cards are usually issued to employees who are required to operate within a set of company rules and guidelines which , gift cards, check guarantee, check verification and recovery, terminal management and funds transfer services. For additional information about the company and its services, visit www.globalpaymentsinc.com. |
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