Electronic Fund Transfer Act (EFTA), PCI DSS and Processors

What is an EFT Payment? Everything to Know About This Method of Payment

Stax

JULY 9, 2024

Key regulations governing EFT payments include the National Automated Clearing House Association (NACHA) rules, which establish guidelines for ACH transfers, and the Payment Card Industry Data Security Standard (PCI DSS), which sets security standards for handling card information. Q: Are EFT payments safe?

Electronic Fund Transfer Act (EFTA)

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

5 Benefits of ACH Payments Over Check Payments

Stax

NOVEMBER 11, 2024

Businesses must adhere to NACHA’s “ACH Security Framework,” which includes measures for safeguarding sensitive customer data – similar to how PCI DSS protects cardholder information at checkout. The EFTA outlines a set of rights and responsibilities for both the consumers and businesses involved in ACH payments.

ACH

ACH Checks Identity Theft Payments

Payments Space

What is an EFT Payment? Everything to Know About This Method of Payment

5 Benefits of ACH Payments Over Check Payments

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