PYMNTS

MAY 10, 2019

In a new PYMNTS interview, David Barnhardt, executive vice president of product at GIACT , which offers fraud detection and account validation tools, talks about an upcoming change by NACHA, national administrator of the ACH network, to make internet-initiated debit transactions (WEB debits) safer and more seamless.

Nacha Rules 71

Nacha Rules NACHA Rules Account Validation 71

Stax

NOVEMBER 11, 2024

ACH transfers, or payments made through the Automated Clearing House network, account for billions of dollars in payments annually. In fact, NACHA, the nonprofit that governs the ACH payments network reported 6.1% Of course, ACH payments do not come with the same interchange fees that credit card transactions do.

ACH 88

ACH Checks Identity Theft Payments 88

EBizCharge

JULY 16, 2024

This article will explore the essential aspects of staying compliant with NACHA rules, such as risk management, data security, authorization protocols, and more, to help institutions maintain the highest standards of operational integrity and customer trust. What is NACHA?

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

Stax

JULY 9, 2024

While most businesses already use some EFT payment methods, there are several popular options to consider implementing to improve the speed and convenience of payment processing. Traditional payment methods, such as mailing checks, can take several days to process, whereas EFT payments are swift and can be completed within minutes.

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

Payment Savvy

OCTOBER 8, 2024

Setting up a direct debit is straightforward and typically involves three key steps: authorization, collection, and processing. The final step is processing, where the bank transfers the money from the customer’s account to the business’s. This form can often be completed online, making the setup process quick and easy.

ACH 52

ACH Credit Cards ACH Network Authorization 52