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

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

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% Setting up ACH payments is easy with a great merchant account service like Stax.

ACH 88

ACH Checks Identity Theft Payments 88

Stax

JULY 9, 2024

EFT payments are transactions between the sender and receiver that transfer funds electronically from the sender’s bank account to the receiver’s. For businesses, EFT payments streamline the accounts receivable and payable processes, making it easier to manage transactions and reconcile accounts.

Electronic Fund Transfer Act (EFTA) 88

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

Payment Savvy

OCTOBER 8, 2024

Direct debit allows businesses to automatically collect payments from a customer’s bank account once authorization is given. At its most basic level, a direct debit is an agreement between a customer and a business that allows the company to automatically withdraw money from the customer’s bank account. So, what is a direct debit?

ACH 52

ACH ACH Network Credit Cards Authorization 52