ACH Schedule for Indigenous Peoples' Day/Columbus Day (Monday, October 10)

Business Online Banking ACH files must be received by Thursday, October 6 in order to settle before the upcoming federal holiday (Monday, October 10). ACH files received on Friday, October 7 will not settle until Tuesday, October 11.

Personal Credit Cards

Is a chip (EMV) credit card the same as contactless payment?

Category: Personal   Service: Credit Cards | Updated: October 1st, 2015

Answer:

No. Contactless cards employ near-field communication technology (NFC), which has a radio antenna that transmits account information, and work by waving or tapping your card in front of a device. Chip cards must be inserted face-up into a chip-enabled merchant terminal that allows the chip to make contact with the reader to authorize and complete a transaction.

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