ReliaFund Blog

Many people are still waiting for their second stimulus payment to arrive; fraud once again becomes an immediate concern. With huge numbers of checks and direct deposit payments surging from the federal government to individuals all over the country, now is a prime time for fraudsters to pull out all the stops in order to…

The COVID-19 vaccine is being distributed to Americans right now, and the US government is finalizing a second stimulus package – it looks like things are starting to trend upward as we head into 2021. 2020 is ending, and trends in payments have changed drastically. What 2021 payment trends should we be looking for? More…

It feels like 2020 has lasted twice as long as a “normal” year, but that is mostly due to the rapid-fire changes that businesses and individuals have been dealing with since mid-March. The payments industry was not exempt either, so let’s take a look back at 2020 and how payments were handled before we head…

The distribution of stimulus payments caused a lot of problems this year. So how did ACH stack up in the processing of these payments? The CARES Act was a government stimulus in response to the shutdowns caused by the COVID-19 shutdowns that sent out $270 billion in payments to Americans. Some individuals received their payments…

Online transactions, payments, and billing processes continue to grow in popularity, and frustration, this year. But which payment processor is right for your small business? Things to Consider When Choosing a Payment Processor There are many high-view functions and things you need from your ACH provider. A lot of payment processors, from large outfits that…

Account validation is an often underrated part of ACH and all online payment processing. Protecting the funds as they travel from institution to institution, or from bank to business to personal checking accounts, tends to be the area we focus on most heavily. But the verification stage is near the beginning of the process for…

EFT and ACH payment methods are fluctuating in popularity amid the coronavirus pandemic. But what are these methods and how do they differ? While both methods can help small businesses handle their various daily, monthly, and yearly transactions, they are not identical. EFT: Electronic Funds Transfer The difference between EFT and ACH is a bit…

ACH payment processing systems are becoming more and more prevalent, and now is the perfect time to integrate one into your own business.