Automated clearinghouse network-based payment systems, which connect a buyer’s bank account to a seller’s bank account (A2A), offer sellers a way to cut the cost of accepting credit and debit card payments. Buy It Mobility Networks (BIM) offers merchants an ACH-based mobile payment service on a white-label basis. The company’s clients include gasoline retailers Shell, Phillips 66, Sinclair Oil and Valero. BIM embeds a URL into a retailer’s mobile app or website and through it processes, settles and can guarantee (against fraud and non-sufficient funds) approved ACH transactions. The...