ACH Direct Relocates Corporate Office to Allen, TX.ALLEN, Texas Allen is a city in Collin County and a northern suburb of Dallas, Texas (USA). As of the 2000 census, the city had a total population of 43,554. As of April 2007, the city's population is estimated at 77,465. -- ACH Direct, Inc., a leading technology provider of Automated Clearing House See ACH. , credit card and debit card 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. payments processing and risk management services, today announced completion of the relocation of the corporate offices from Cathedral City, CA to Allen, TX. The new 20,000 square foot facility currently houses 40 employees and a state-of-the-art processing center. "As a result of our record business growth and expansion, it became necessary to look for a new location," explained Jeff Thorness, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ACH Direct. "The benefits of relocating to Texas, for both the company and our customers, were readily apparent. Logistically, this location is ideal for delivering enhanced customer service. By moving into the Central time zone, we can easily offer expanded customer support to all of our clients nationwide. Our support representatives are available until 7 PM, so our West Coast clients will continue to enjoy the superior service for which they have become accustomed," said Thorness. "The technology corridor in the north Dallas North Dallas is an expansive area of numerous communities and neighborhoods in Dallas, Texas, (USA). It spans portions of three counties: Collin, Dallas, and Denton, and has strong social ties to two enclaves of Dallas (University Park and Highland Park) and a near-enclave area gives us access to a large pool of qualified, highly skilled employees," explained Thorness. "Our new location provides flexibility for future growth. 2005 was a record year, and by all current indications, we're positioned for even stronger growth in 2006. Our Automated Clearing House transaction volume increased 82% in January." About ACH Direct ACH Direct is one of the fastest-growing privately held 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. processors in the United States, with over $5 billion in transactions processed in 2005. ACH Direct's customers benefit from a comprehensive suite of payments products and services, including ACH origination, check verification, identity verification, credit card and debit card processing. Dedicated to providing superior customer service and industry-leading technology, ACH Direct provides tools to help organizations of all sizes reduce transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). , mitigate risk and increase efficiencies. Visit www.achdirect.com |
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