Free Seminar on Internet and Telephone Entry Requirements Offered by
ACH Direct and UMACHA to be Held August 12
ALLEN, Texas (Business Wire EON/PRWEB ) August 6, 2008 --
The sixth in a series of free webinars on automated clearing house (ACH)
topics, hosted by ACH Direct and the Upper Midwest ACH Association
(UMACHA), is scheduled for Tuesday, August 12, on “WEB
and TEL Entries.”
This session discusses requirements for originators and companies for
WEB (Internet Initiated Entries) and TEL (Telephone Initiated Entries)
as well as authorization and authentication details for each
application. The webinar series, produced and presented by the Upper
Midwest ACH Association (UMACHA), is designed to provide a basic to
intermediate education on ACH to merchant participants with a
concentration on specific aspects of ACH targeting merchant’s
needs.
“Today’s technology
makes online and telephone entries commonplace, so it’s
important that merchants understand all of the accompanying
authorization and authentication details,”
said Jeff Thorness, president and CEO of ACH Direct.
“We’re happy to be
able to partner with UMACHA to offer this comprehensive series, and we’re
proud to say this is one of our most successful seminar series with more
than 900 attendees so far this year,”
Thorness continued. “This definitely meets
our goal of providing ACH training to merchants, and we’re
pleased we’re reaching so many areas of
industry, including banks, universities, corporations and other
payments-related companies.”
“According to NACHA (The Electronic
Payments Association), we’re seeing ACH
payment volume doubling every five years, which indicates the value of
ACH payments is being recognized by financial institutions and their
customers,” said Thorness. “Our
goal is to show business managers how easy and cost-effective it is to
transition from a manual to automated process –
while at the same time helping them educate their employees and
customers about the benefits of ACH electronic payments.”
Participants must register in advance at www.achdirect.com. All
seminars will take place from 1 to 2:30 p.m. Central Time and include
time for questions and answers. Registered participants will dial into a
conference line for audio and log into an online session to view these
presentations.
The last program of the series is scheduled for September 9, 2008, on “ACH
File Formats- Record Information,” in
which participants will learn what happens to the originator’s
input and what it means to the receiving financial institution or
receiver (consumer/ corporate customer). Details include: 1) What
entered information looks like; 2) Why the information is
necessary; and 3) What the data look like on the receiving side.
About ACH Direct, Inc.
ACH Direct is one of the largest and most innovative payment processors
in the United States, offering a comprehensive suite of payment
processing and risk management solutions for credit card, debit card and
Echeck (ACH) acceptance. ACH Direct's customers benefit from a complete
solution for payment acceptance via the Internet, over the telephone, by
mail or in person. Dedicated to providing superior customer service and
industry-leading technology, ACH Direct provides tools to help
organizations of all types and sizes reduce costs, mitigate risk and
increase efficiencies. Additional information about ACH Direct can be
found at www.achdirect.com
About UMACHA
Financial institutions and corporate members across the Midwest choose
UMACHA as a key resource to enhance their understanding of electronic
payments. Its mission is to support its members and other
stakeholders in payment system participation through education and
training, marketing and operational support, information dissemination
and consulting, with a particular emphasis on the ACH network.
See the original story at: http://eon.businesswire.com/releases/ach_direct/umacha/prweb1187624.htm
Post Comment:
Trackback URL: http://www.prweb.com/pingpr.php/VGhpci1Db3VwLVByb2YtU2luZy1Db3VwLVNpbmctWmVybw==
Bookmark -
Del.icio.us |
Furl It |
Technorati |
Ask |
MyWeb |
Propeller |
Live Bookmarks |
Newsvine |
TailRank |
Reddit |
Slashdot |
Digg |
Stumbleupon |
Google Bookmarks |
Sphere |
Blink It |
Spurl
|
