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Nacha has announced that Phixius, which facilitates the trusted exchange of payment information, has officially gone live, according to a press release. The release says Phixius has also officially completed its first information exchange transaction between two parties.
Visa has become a part of the ranks of companies experimenting with Phixius, a technology that assists credentialed service providers in exchanging and supervising digital payments data, NACHA said in a Wednesday (Aug. However, Phixius makes these deals less necessary as it offers interoperability. 12) announcement.
ACH network steward Nacha says Visa has been added to its list of partners for a payment information exchange it is creating to help credentialed service providers share and manage electronic payments information for faster and more secure processing.
Phixius by Nacha —a trusted, secure, peer-to-peer payment information network—announced today its partnership with ValidiFI , a leading provider of predictive bank account and payment intelligence. This collaboration will expand on Phixius’ current account validation coverage, leading to fewer returns and improving ACH payment quality.
Visa has joined the pilot Phixius program operated by NACHA, the companies recently revealed. Phixius is a payment data exchange platform aimed at providing service providers with the ability to manage transaction data pre- and post-payment with a focus on efficiency and security. Visa Joins NACHA Pilot.
The ACH payments and financial data exchange nonprofit NACHA is developing a digital platform to streamline payments by facilitating data sharing via a centralized hub, NACHA announced Wednesday (Feb. The NACHA Phixius platform enables connected service providers to securely exchange payment-related data. billion payments, up 7.7
US’ Nacha announced a partnership with Phixius and Aliaswire that will allow entities that originate a small volume of ACH transactions to comply with Nacha's WEB Debit Account Validation Rule.
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