How to Cancel ACH Payment?

by Cheqly team | | ACH Payment

Everything is made easier by the electronic Automated Clearing House (ACH) network, including immediate wage transfers and monthly bill payments. Unlike wire transactions, which are typically irreversible, account holders and merchants who experience problems with ACH payments can halt or reverse them. What are ACH Payments? An ACH payment is an electronic bank-to-bank money transfer … Continued

Payment Fraud: What It Is, How It Works, and How to Protect Your Business

by Cheqly team | | Payment Fraud

Payment fraud has become a major problem for individuals and corporations globally. This has taken place because of the increase in online payments. That’s why your company needs to safeguard against fraud. This is possible when actively following the proper procedures and safety measures. Therefore, this article will provide all the information regarding payment fraud, … Continued

How Long Does a Wire Transfer Typically Take?

by Cheqly team | | Wire Transfer

In today’s financial landscape, wire transfers are among the best, fastest, and most secure ways to send money, whether internationally or domestically. International wire transfers involve sending funds across borders, while domestic wire transfers occur within a single country. According to the data, more than 202 million wire transfers were processed in 2024 by November. … Continued

How to Choose the Right Payment Method for Your Business: A Step-by-Step Guide

by Cheqly team | | Payment Method

It cannot be overemphasized how important it is to choose the appropriate payment option in today’s connected global economy. Payment methods impact cash flow, financial reporting, and ties to suppliers and customers. Businesses are trying to be more adaptable and durable, so it’s important to comprehend this universe of payment options.  This article will cover … Continued

What’s an ACH Routing Number & How can I Find it?

by Cheqly team | | ACH Routing Number

An ACH routing number is a code made up of nine digits, enabling American banks to send money electronically. An ACH number is a requirement for bank transfers in the ACH network. This method of operation helps reduce the probability of errors and expedites the transaction by ensuring that the accounts are properly connected to … Continued

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