ACH FEDERAL PARTNERS WITH NORTH ALABAMA BANK TO PROVIDE A VARIETY OF ACH PROCESSING SERVICES FOR ITS BUSINESS CUSTOMERS

Leading Electronic Payments Provider Teams with Local Alabama Financial Institution
To Give Its Business Customers Comprehensive ACH Services

CHATTANOOGA, TN – January 26, 2011 – ACH Federal, a provider of Web-based ACH processing services to both banks and businesses, today announced it has joined forces with North Alabama Bank, giving the company a greater portfolio of services to meet the demanding needs of its business customers.

CHATTANOOGA, TN – January 5, 2011 – ACH Federal, a provider of Web-based ACH processing services to both banks and businesses, announced today it has been tapped By Payzone, a customized payroll solutions company, to provide an array of ACH processing and transaction services for its customers. As a result of the partnership, ACH Federal will initiate direct deposit services for Payzone’s small business customers and their employees. ACH Federal will also offer direct debit, making it easy for Payzone to offer the service for its customers.

Leading Electronic Payments Provider To Offer Complete Suite of ACH Services to Local Community Bank to Further Support its Customers’ Diverse Needs

CHATTANOOGA, TN – October 19, 2010 – ACH Federal, a provider of Web-based ACH processing services to both banks and businesses announced today that it has been tapped by Bank of Lincoln County to provide a full array of Automated Clearing House (ACH) processing and transaction services to the bank’s customers. Under the partnership, ACH Federal will provide intuitive tools to enhance overall ACH offerings for Bank of Lincoln County, including payroll and ACH payments for its customers.

Electronic Payments Provider to Power Pay-By-Phone Service to Assist UMassFive Members Pay Loans Via ACH, While Helping The Credit Union With the Collections Process

CHATTANOOGA, TN – August 31, 2010 – ACH Federal, a provider of Web-based ACH processing services to both banks and businesses, has been selected to provide UMassFive College Federal Credit Union, an independent not-for-profit cooperative financial institution, with pay-by-phone Automated Clearing House (ACH) processing services for its valued members.

ACH Federal will provide the back-end ACH technology and support to give UMassFive College Federal Credit Union members the ability to pay their various loans in real-time, via one simple phone call. Through this enabling technology, ACH Federal is offering an easy, safe and secure payment method for consumers to pay their loans. ACH Federal’s pay-by-phone method is the most popular way that UMassFive Federal Credit Union garners collections from its members.

A Podcast interview with ACH Federals’ Craig Cotter speaking on the company and value proposition.

Source: Smallbiz America

Despite MoneyGram’s suggestion that its former clients switch to Fidelity National Information Services Inc., Trifish believes ACH Federal was a better fit to fulfill its electronic payment-processing needs, Shraga says. Several of ACH Federal’s employees used to work at MoneyGram, Shraga says. And “ACH Federal took less than a month to get us back up and running after MoneyGram announced it was leaving the business,” he adds.

Source: PaymentSource

ACH Federal announced that it was selected by TriFish Finance, an indirect auto finance company based in Southern California, to provide ACH payment services to its customers. TriFish, formerly a client of MoneyGram, began working with ACH Federal in May 2010. In just the first 30 days of the relationship, ACH Federal has processed more than $434,000 worth of auto loan transactions.

Source: PRWeb

Electronic Payments Provider to Offer Web-Based Solutions And Customized Services For Beach Business Bank Customers

CHATTANOOGA, TN – August 3, 2010 – ACH Federal, a provider of Web-based ACH processing services to both banks and businesses, announced today that Beach Business Bank (OTCBB: BBBC), which offers a full range of deposit and loan services tailored to meet the needs of business professionals, has selected ACH Federal to provide Automated Clearing House (ACH) Services for its customers.

Beach Business Bank chose ACH Federal as a result of the company’s experience in ACH payment processing, ability to offer affordable alternative payment options for its business customers and its strong risk management tools. Powered by ACH Federal, Beach Business Bank clients now have the capability to collect payments from customers online, make payments to vendors and deposit payroll funds into employee accounts.

Electronic Payments Provider Teams With Expert Credit Card Processor To Offer A Wider Array of Best-Of-Breed Financial Services

CHATTANOOGA, TN – July 28, 2010 – ACH Federal, a provider of Web-based ACH processing services to both banks and businesses, today announced a partnership with PDX Enterprise Solutions that gives ACH Federal business customers access to Web-based merchant services (credit card processing) solutions.

Under the new partnership, PDX Enterprise Solutions will offer merchant services to ACH Federal’s current and future client base. By teaming up with a merchant services expert, ACH Federal can continue to maintain its core strength and focus on ACH processing, while also providing a complete suite of merchant services. All new services will be offered via ACH Federal’s Web-based platform, which provides customers with a seamless user experience.

PaymentSource’s Stephanie Bell talks to Craig Cotter about ACH Federal’s recently announced record growth since January 2010.  ACH Federal has signed on over 20 financial institutions and 15 small business accounts, and has processed over 3.2 million transactions using their electronic payments platform since last year.

Source: PaymentsSource