Reliable, cost effective, and secure payment processing systems.

ONLINE CHECK PROCESSING BANK A CHECK IMAGES & DATA GRP ELIGIBLE CHECK IMAGES INDEX OF ELIGIBLE CHECKS BANK B HOW DOES AN ACH PAYMENT WORK? CUSTOMER MERCHANT Authorizes or initiates Set-up and manage one time & recurring payments through ACHQ's virtual terminal or advanced API software integration. electronic transaction via phone, fax or the internet. * PROCESS BEGINS HERE BANK ACHQ Receiving financial institution posts Utilize advanced ACHQ software to originate, track and report on submitted electronic transactions. transaction to customer accounts and notifies account holder via statement. FEDERAL BANK RESERVE ACH Operator(the Fed) receives electronic entries and debits / credits respectives banks. ACHQ leverages relationships with multiple tier 1 banks to ensure timely and secure origination of all transactions. ACH FLOW DIAGRAM RECEIVER ORIGINA- TOR Receiver authorizes Originator Originator forwards RDFI makes funds available transaction & report on data to ACH statement ODFI ACH Operator ODFI sorts & transmits file to distributes ACH file to RDFI ACH Operator RDFI ODFI ACH TIMEFRAME ACH PAYMENT REQUESTED ACCOUNT PINGED FUNDS RELEASED PERMISSION SOUGHT CLEAR AT ACH PROCESSED / RETURNED REFERENCE: PRESENTED BY: http://www.securepainlesssystems.com/ https://www.ecorepay.cc/images/assets/images/products/ ach_payments/ach_timeframe.png http://s3.amazonaws.com/myprgeniestaging/prgenie-images/ 23674_check_processing_services.jpg http://banctech.net/images/Img20.gif http://www.achq.com/images/ach_howitworks.gif http://www.achq.com/services/ach/ach-payment.php 1-2 Days 2-3 Days