Incoming Settlements Introduction

ACHeck21 can act as an API front end for receiving ACH and originating ACH returns. This can be used for offering ACH services as part of a banking platform. If you are interested in this ability contact the Payroc sales department.

An example use-case would be a bank-like offering that sits on top of an FDIC-insured bank. The term neo-bank has been used to describe this type of product. It's essentially, value added banking services built on top of an existing bank's api's and services.