[PJLamar38]

(crossposted from payment processing board which is too slow)

I need to get setup ASAP with an ACH processing company to pay ISOs and Collect Fees - FirstACH isn't onboarding anybody currently in the space, ACH Works is asking for more than I really need - Does anybody have a solution besides paying my local bank branch to conduct these sort of service? Their platform is slow, complicated, and expensive.

Appreciate any input.

Thanks,
Pete

[ADiamond]

(crossposted from payment processing board which is too slow)

I need to get setup ASAP with an ACH processing company to pay ISOs and Collect Fees - FirstACH isn't onboarding anybody currently in the space, ACH Works is asking for more than I really need - Does anybody have a solution besides paying my local bank branch to conduct these sort of service? Their platform is slow, complicated, and expensive.

Appreciate any input.

Thanks,
Pete

http://www.achprocessing.com is great

[PJLamar38]

http://www.achprocessing.com is great

I appreciate the feedback - I gave them a call but they're not onboarding anybody under the MCA umbrella currently.

[Sean Cash]

I appreciate the feedback - I gave them a call but they're not onboarding anybody under the MCA umbrella currently.

really?????

[PJLamar38]

really?????

That's what they told me at least sean - The guy was real friendly, he said onboarding is on hold currently and that he appreciated the call but right now there's nothing he can do.

[Chambo]

Seems CFPB has started swinging

[levcap]

Wells Fargo

[Benchmark]

We recently launched our new and updated Go-Ach portal. It's designed specifically for the MCA industry. We are boarding mca companies regularly. See our recent press release:

http://finance.yahoo.com/news/benchm...170000404.html

[mcaguru]

Seems CFPB has started swinging

Chambo CFPB is a consumer advocacy group. We are operating in the B2B space. keep in mind pay day loans take a major cut out of the working poor Americans (so dad and moms 300 week salary is now $225 and no money left for milk and butter for the babies) and Obama in office for last 7 years with the Dems controlling both houses in the first term and the CFPB trying harder then ever to put an end to the payday lenders and you want the results of the CFPB??? ill give it to you in the next sentence:


its still LEGAL in around 36 states!!! and that's B2C!!

[TheShitzuofMCA]

Yeah I've seen where some are turning away MCA companies for different excuses rejected payment issues, pressure from bigger companies, fear of regulation, etc; Small ones looking for business pop up everyday and will take an MCA account Meridian Processing is one for example. We have used Benchmark and had great results also.

[Benchmark]

We have used Benchmark and had great results also.

Thanks!

[ADiamond]

Chambo CFPB is a consumer advocacy group. We are operating in the B2B space. keep in mind pay day loans take a major cut out of the working poor Americans (so dad and moms 300 week salary is now $225 and no money left for milk and butter for the babies) and Obama in office for last 7 years with the Dems controlling both houses in the first term and the CFPB trying harder then ever to put an end to the payday lenders and you want the results of the CFPB??? ill give it to you in the next sentence:


its still LEGAL in around 36 states!!! and that's B2C!!

thank god there are people on here that know what they are talking about