Through the ACH system, funds are moved quickly from ... bills can then authorize the process and begin regular bank drafts to pay recurring bills. The account holder who authorizes the automatic ...

Among them: allowing recurring payments under the TEL ... NACHA says a revised TEL rule could make the ACH more attractive to billers now using RCCs, and in general shine some light on demand drafts. ...

ACH debit transfers involve money getting “pulled” from an account. When you set up a recurring bill payment, for example, the company you’re paying can pull what it’s owed from your ...

Visa believes that the demise of the honor-all-cards rule could boost acceptance of offline debit cards among utilities looking to replace paper with recurring electronic payments. But utilities still ...

The ACH currently accounts for most recurring bill payments, but some observers see advantages for billers in using PIN-less debit, which lets consumers make payments online with their PIN debit cards ...