Accounts Payable Professionals: Beyond Checks, EFT/ACH, & Wires

The practical hub for Accounts Payable work, careers, and community

Process improvement, controls, automation, vendor management, and career development, written for people doing the work.

Popular topics: AP automation, fraud controls, close process, vendor management, career moves | Learn what APPG is about →

AP News Update

NACHA fraud monitoring rule begins March 20, 2026. The first phase starts for ODFIs and large Originators, TPSPs, and TPSs, putting more focus on risk-based ACH fraud monitoring. For AP teams, vendor bank change controls and payment review processes matter even more now. Read the full APPG update → | Official NACHA summary →

Monday, August 4, 2014

Beyond Checks, EFT/ACH, & Wires

What am I talking about? An alternative payment method. Electronic payment through the VISA (or other credit card) Network.

Who can set this up?: I know of Commerce Bank and PNC, although there may be more.

Here are a few points:

* Vendor pays a 2% cost for accepting payment
* and 1% gets paid to your company monthly.
* Payment program can be done separate from other Automation products
* Some companies start with the payment by card only can bring in revenue to pay for further solutions.