Mobius Payments Now Offering Enhanced ACH Services

LOS ANGELES, CA — Domestic and international processing specialist Mobius Payments is now offering enhanced ACH services by supporting Check Guarantee and Check 21 services.  ACH (Automated Clearing House) is governed by the rules set forth by the National Automated Clearing House Association (NACHA); and the ACH Network acts as a clearing house for approximately 98 percent of the banks and credit unions in the United States.  The flexibility and ease of use for merchants makes ACH ideal for not only direct deposit of such items as payroll and tax returns, but it also works well for monthly membership fees, mortgages and utility bills, business-to-business payments, E-checks, E-commerce, and Internet retail payments. In a nutshell, ACH payments are an option for virtually any business or commercial entity that receives payments  Mobius Payments CEO, Mia Hyun, explained the offering, “ACH is a method that allows you to electronically collect payments from your customers for single or recurring payments by directly debiting your customer's checking or saving accounts. The most common uses you may be readily familiar with would include having your mortgage payment or utility bills automatically paid monthly from your checking account, and direct deposit of payroll.”  Hyun continued, “Anytime someone accepts a check, there is the same concern; will it clear? We now offer Check Guarantee and Check 21 services, so this should no longer be a concern.“  Check Guarantee offers the protection of covering the amount of the transaction, should the checking account be found to have non-sufficient funds, is closed, or any other situation that would otherwise prevent from successfully completing the transaction. Check 21 allows you to do a real time check for availability of funds, which would essentially lessen the need for Check Guarantee.  Accepting ACH payments provides customers with an alternative to credit cards and checks while providing faster payment to you than accepting checks.