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

Ensuring compliance with NACHA requirements is crucial for financial institutions, as it guarantees the secure, efficient, and reliable handling of electronic payments. Authorization requirements Before initiating ACH debit transactions, NACHA requires that entities obtain explicit, written authorization from the customer.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

Payment Savvy

OCTOBER 8, 2024

For Businesses: If you’re a business looking to collect payments via direct debit, the setup process involves working with a payment processor or bank to handle the transactions on your behalf. Providers like Payment Savvy offer a streamlined way to set up and manage direct debit payments for your business. In the U.S.,

ACH 52

ACH Credit Cards ACH Network Authorization 52

Stax

JULY 9, 2024

Regulatory and Compliance Issues with EFT Payments Regulatory and compliance issues surrounding EFT payments are critical for ensuring the security and integrity of electronic transactions. EFT transactions also include ATM withdrawals using debit cards with a personal identification number (PIN).

Electronic Fund Transfer Act (EFTA) 88

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