ReliaFund Blog

It’s no secret that cyber threats are a risk nowadays, as we hear continually about yet another cyber attack. Even years after the fact, cyberattacks are uncovered and we learn that our data was compromised during the holiday season or another time. Of course, as major online spending dates like Cyber Monday increase revenue exponentially,…

  Money Service Businesses or MSB’s are an essential part of today’s society and they continue to evolve and expand their list of solutions to cater to Americans from all walks of life. Chances are high that you have passed by or transacted with at least one MSB in the recent months. According to the…

Offering online payments within your application or to your end-users and customers is part of every modern business. Because of this shift, enterprises have specific standards that they must follow if they choose to accept electronic payment and online bill pay services. In order to be compliant and to keep customer data secure, you must…

Until a recent shift, paying your bills involved manually writing checks, looking for stamps, and taking time out of your day to go to the post office or the nearest mailbox. Today, these recurring payments are often made online using debit or credit cards, and eChecks. There are several common myths and misconceptions around electronic…

As businesses continue to see a drop in cash transactions, the ability to accept credit cards and other payment methods is practically a must-have in business. However, it also comes with distinct responsibilities. You need to ensure that your customer information is secure and that you are enforcing policies that prevent it from falling into…

ACH transactions involve automatically and electronically transferring deposits between banks. “ACH” stands for Automated Clearing House, a financial network in the USA that handles these transactions. This network is regulated by both the National Automated Clearing House Association (NACHA) and the federal government. When merchants accept ACH deposits, this means that your customers are able…

You have probably heard that ACH is a must for successful businesses, but do you know why you should use it in the first place? This article lists several important benefits of using ACH and partnering with a processor like ReliaFund: ACH payments are more often than not quicker and more secure than paper checks. When a…

If you haven’t included ACH (Automated Clearing House) as a payment option for your application software, it’s the perfect time to take advantage of its wide range of benefits. ACH is an electronic payment delivery system that functions throughout the country, and is used to process both credit and debit transfers for all establishments that support it. ACH…