An international ACH transfer is one way for businesses to send payments globally, and it’s commonly used to pay vendors and suppliers abroad.
The biggest difference between ACH and RTP is the processing speed of each payment: RTP processes instantly whereas ACH can take hours or days.
These two common payment methods offer consistent and secure experiences for vendors, but there are clear differences between the two.
Learn the basics of KYC, how KYB is related and tips on how to make the process go smoothly at Routable.
This guide offers an overview of cross-border payments, including examples, the step-by-step process, common challenges and more.
Routable announces the launch of Real-Time Payments (RTP®) to allow businesses to securely pay vendors and contractors within seconds.
1099-MISC forms are used to report miscellaneous income. Learn more about the form and and how recent major changes affect non-employee workers.
OCR invoice processing is one of the must-have technologies for a fully automated AP department. Learn the benefits and how to get started.
Explore best practices for evaluating a change in your current setup, selecting the right tools and getting top-level buy-in.
The key difference between a bookkeeper and an accountant is how data is managed. Learn how these roles overlap and when it’s time to hire them.
Instant, real-time payments maintain strong relationships with your gig workers and can prevent them from leaving for the competition.
Challenges arise throughout a manual workflow when processing paper checks and relying on your bank portal for payment data.
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Routable is a financial technology company. Banking services for the Routable Balance are provided by partner banks and held for the benefit of our customers. Payment services are provided by our partners. Find a full list of our partners along with their contact information, regulatory registrations, and disclosures on our sub-processors page. Or contact Routable anytime here. Some payment services are provided by Visa, Inc. and subsidiary The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: The Steward Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorized by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199). In the US Currency Cloud operates in partnership with CFSB. CFSB fully owns the bank program and services are provided by The Currency Cloud Inc.