The low cost and ubiquitous connections provided by the ACH system have made it a popular backbone of alternative payment solutions. But like much of the banking industry’s legacy infrastructures, operating knowledge has resided in back rooms and operation centers. NACHA hopes to change that by launching a micro-site designed to educate users raises its profile.
NACHA’s ACH Messaging resource site was developed as a result of an industry-inclusive process that engaged Network participants to ensure that the right terminology and messages are being used to explain the electronic movement of money and information via the ACH Network.