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. There are two main ACH payment methods: direct deposits and direct payments: ACH direct deposits : Whenever you need to deposit your money to someone’s account, you can do it through ACH direct deposits. How Does an ACH Transaction Work?

ACH 52