ACH Network, IAT and NACHA

Navigating the ACH Landscape: Understanding Payment Types and Payment Codes

EBizCharge

SEPTEMBER 18, 2024

What are ACH payments? ACH payments refer to electronic funds transfers (EFTs) between financial institutions using the ACH network. ACH payments offer a secure, reliable, and cost-effective way to transfer funds for payroll, recurring bill payments, direct deposits, and other routine transactions.

ACH

ACH IAT ACH Network Direct Deposit

ACH SEC Codes

Payment Savvy

NOVEMBER 10, 2022

Before diving deeper into SEC codes, let’s take a minute to better understand ACH transactions – if you’ve already worked with ACH transactions and have an idea about what is involved in them, you can skip this section and go straight to SEC codes. SHR – Shared Network Transaction.

SEC Codes

SEC Codes ACH ODFI Wire Transfer

Payments Space

Navigating the ACH Landscape: Understanding Payment Types and Payment Codes

ACH SEC Codes

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