Hi all,
I just attended the Northwest EC 2000 conference (which was great, by the
way). One of the sessions I attended talked about end-to-end EC
infrastructure and discussed an alternative for payments (820 transactions).
The speaker suggested instead of sending an 820 to your financial
institution, who in turn creates an ACH transaction to send to an ACH
network/Federal Reserve, to create the ACH transaction yourself and send it
directly to the ACH network.
Have any of you implemented this? If so, what's involved? I understand
there's another piece of software that's needed? What kind of cost savings
can we expect to see from this?
Thanks in advance for the great advice!!
Debbie Shaver
[EMAIL PROTECTED]
206.318.8739
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