QR Code Payments: A Guide for Businesses to Create and Use QR Codes

by Cheqly team | | QR Code Payments

QR code payments are quickly becoming an easy and reliable method for customers to pay via their smartphones. The global QR code payment market was valued at around USD 14.7 billion in 2024 and is projected to reach about USD 38.2 billion by 2030, showing how quickly businesses and customers are adopting this payment method.  … Continued

ACH Return Code R02: Account Closed and Its Effect on Reconciliation

by Cheqly team | | ACH Return Code R02

Businesses transacting through the ACH network are expected to maintain low return rates as part of good practice and to comply with regulatory requirements. According to NACHA rules, debit returns arising from administrative reasons like R02 (Account Closed), R03 (No Account), and R04 (Invalid Account) must be less than 3%. Exceeding this limit can result … Continued

R17 ACH Return Code: Reasons and How to Fix It

by Cheqly team | | R17 ACH Return Code

The Automated Clearing House (ACH) network is still the main source of millions of electronic payments in the US, as the number of transactions increased to 8.8 billion, with a total value of $23.2 trillion in the third quarter of 2025. Both businesses and consumers have been turning more and more to ACH for payroll, … Continued

Understanding ACH Disputes: A Merchant’s Handbook

by Cheqly team | | ACH Disputes

Operating a small business or merchant business has its own challenges, and keeping a healthy cash flow is probably the biggest one. You plan your expenses, invoice your clients, and rely on on-time ACH payments and other electronic funds transfers (EFTs) to keep money moving. But what if the money you have been expecting never … Continued

Batch Payment Processing: What You Should Know

by Cheqly team | | Batch Payment Processing

Batch payment processing is essentially the method through which large numbers of businesses carry out their payments in a timely and effective manner. The payments can be employees’ salaries, suppliers’ invoices, or even international payments. Such digital transactions, which are forecasted to total approximately $38 trillion globally by 2030, are the lifeblood of business finances … Continued

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