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

Navigating electronic payments requires a thorough understanding of compliance standards set forth by governing bodies such as the National Automated Clearing House Association (NACHA) network. What is NACHA? Data security NACHA imposes stringent requirements to protect sensitive financial data.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

Payment Savvy

OCTOBER 8, 2024

Both direct debit and ACH debit allow for automatic, recurring payments. Still, ACH direct debit offers the advantage of handling multiple types of electronic transfers, including credit and debit transactions. In the U.S.,

ACH 52

ACH Credit Cards ACH Network Authorization 52

EBizCharge

JULY 18, 2024

ACH is widely known for processing large credit and debit transactions, including direct deposits and bill payments. Standards: EDI follows strict international standards for formatting electronic documents, whereas ACH transactions comply with the National Automated Clearing House Association (NACHA) rules.

ACH 52

ACH Transactions Payments Funds Transfer 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 Payments vs Credit Card Payments While debit transactions are EFT payments, credit card payments are not.

Electronic Fund Transfer Act (EFTA) 88

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