PaymentsFirst – When Things Go Wrong: Dishonored, Corrected and Contested Returns
On average, more than 98% of all ACH transactions are posted to the account when first presented. That means just a little over 1% of transactions get returned and make their way back to Originators, a small percentage may get dishonored for a variety of reasons. So, what can you do when things go wrong? In this session, we’ll cover the instances when returns get dishonored, how to avoid it, and what options you have when they are.