You may have heard the term “ACH” while paying a recurring bill, setting up direct deposit through your employer, or even using payment services like Privacy’s virtual cards—but what is an ACH payment?
When signing up for financial services like Privacy's virtual cards, customers are often prompted to answer a series of questions about their identities and bank account verification details. Many may wonder why such personal information is required, how these details are used in the account verification process, and what steps financial institutions are actually requested to follow to remain compliant with government regulations.
Have you ever checked your bank statement and noticed you were charged the wrong amount for something? Or, felt as if a merchant didn’t hold up their end of the bargain? Maybe you see a transaction that you don’t recognize at all.
Even with the surge of innovative fintech products and payment providers over recent years, debit cards continue to be a fundamental payment choice for consumers...
Consumer credit is an age-old tradition. Here is the evolution of digital payments and what led to the various aspects of card issuance.
API banking is powering this integration of financial capabilities with nonfinancial services. Whether it is an ecommerce platform like Shopify offering financing...
Understanding what happens when you make a purchase with a credit card — and how to ensure the transaction process is safe — is the first step.
