Electronic Fund Transfer Act (EFTA) Laws PCI DSS 
Stax
JULY 9, 2024
Key regulations governing EFT payments include the National Automated Clearing House Association (NACHA) rules, which establish guidelines for ACH transfers, and the Payment Card Industry Data Security Standard (PCI DSS), which sets security standards for handling card information. Q: Are EFT payments safe?
Stax
NOVEMBER 11, 2024
For example, a law firm typically bills clients multiple times either for installment payments or ongoing hourly charges. Since these transactions are usually recurring and on the larger side, ACH transfers are an easy way to simplify the bill pay process. NACHA’s core mandate is to ensure the security of ACH transactions.
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