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New NACHA Rule Could Catch Payment Processors, Merchants, FIs Off-Guard

PYMNTS

Getting there is a long road with many twists and turns, with guidance provided not only by back-end technology but also by updated rules from organizations with a governing role across the payments industry. The rule change is the subject of a recent white paper published by GIACT. New NACHA Rule.

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How to Stay Compliant with NACHA Requirements

EBizCharge

Navigating electronic payments requires a thorough understanding of compliance standards set forth by governing bodies such as the National Automated Clearing House Association (NACHA) network. What is NACHA? It also manages direct deposits, which can encompass forms of government and business disbursements.

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5 Benefits of ACH Payments Over Check Payments

Stax

In fact, NACHA, the nonprofit that governs the ACH payments network reported 6.1% The ACH network is governed by a variety of regulatory bodies. NACHA Rules and Requirements T he National Automated Clearing House Association (NACHA) is the primary organization overseeing the ACH network.

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What is an EFT Payment? Everything to Know About This Method of Payment

Stax

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.

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What Is a Direct Debit?

Payment Savvy

ACH debit transactions are governed by the National Automated Clearing House Association (NACHA) rules, which outline strict security protocols for handling electronic payments. These rules ensure that ACH debit payments are processed securely, with safeguards to protect sensitive financial information. In the U.S.,

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