Remove ACH Processing Remove Direct Deposit Remove Due Diligence
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ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire

Stax

These financial institutions all follow ACH rules and regulations by the National Automated Clearinghouse Association (Nacha). ACH is a digital extension of the paper check and is often referred to as auto-pay, direct debit, and direct deposit. A typical ACH transaction is like a machine with multiple moving cogs.

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Best 2022 Guide to Credit Card Processing for Nonprofits

BNG Payments

Nonprofits can use payment processing services to accept regular donations via direct deposit (also called ACH) instead of credit cards. This set of security standards helps ensure that an organization has done its due diligence to protect the sensitive nature of electronic transactions and donor information.