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

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

EBizCharge

MAY 8, 2024

The National Automated Clearing House Association (NACHA) governs the ACH network, setting rules and standards for ACH transactions. ACH credit vs. ACH debit ACH transactions come in two main varieties: ACH credit transactions and ACH debit transactions.

ACH 52

ACH Checks Process ACH Network 52

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

PYMNTS

SEPTEMBER 15, 2017

For NACHA, there’s a rollout of a different sort, with far-reaching impact on how, who and when consumers and enterprises see funds flow. In an interview with PYMNTS’ Karen Webster, Jane Larimer , chief operating officer at NACHA , said that the implementation of Phase 1 of Same Day ACH has gone smoothly, with a live debut last September.

Same Day ACH 48

Same Day ACH ACH NACHA Debit Transaction 48

Stax

SEPTEMBER 17, 2024

These financial institutions all follow ACH rules and regulations by the National Automated Clearinghouse Association (Nacha). ACH is a digital extension of the paper check and is often referred to as auto-pay, direct debit, and direct deposit. A typical ACH transaction is like a machine with multiple moving cogs.

Wire Transfer 88

Wire Transfer Wire Wires ACH 88

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