Remove Disputes Remove SEC Codes Remove Tax Refunds
article thumbnail

How to Stay Compliant with NACHA Requirements

EBizCharge

Under NACHA’s stewardship, the ACH network processes various payments, including direct payments for payroll, social security benefits, tax refunds, and more. Compliance with these standards is pivotal for entities that wish to conduct electronic payments such as direct payments, tax refunds, and social security distributions.

NACHA 52
article thumbnail

What Does Return Mobile ACH Payment Mean?

Payment Savvy

Common ACH direct deposits include payrolls, benefits, tax refunds, or interest payments. Is It possible to dispute returned mobile ACH payment? It is a kind of payment that goes from a commercial account holder to a consumer. ACH direct payments : These payments are electronically transferred from one bank account to another.

ACH 52