What is ACH Credit and ACH Debit and How Do They Work?
Stax
NOVEMBER 13, 2024
The ACH network is governed by the National Automated Clearing House Association (Nacha ), an American organization that administers risk management and rule enforcement for all ACH transfers and works with the Federal Reserve. No processing fees – Neither the payee nor the payer are liable to pay any fees for processing an ACH debit.
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