Remove ACH Origination Remove NACHA Remove Nacha Rules
article thumbnail

What’s an ACH Originator? Responsibilities & Benefits

Paystand

Key Takeaways An ACH Originator initiates ACH transactions, which can be a business, individual, or other entity Originators are responsible for maintaining compliance with NACHA rules, including obtaining and retaining authorizations ACH payments offer cost savings, improved cash flow management, and increased efficiency for enterprise originators (..)

article thumbnail

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

PYMNTS

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. New NACHA Rule.