Phixius by Nacha: Trusted payment-related information at the speed of business.
What is Phixius
Your Account Validation Solution
Nacha Rules require that the first use of an account number, or account number changes, be validated as part of a commercially reasonable fraudulent transaction detection system.
Companies, payment fintechs and financial institutions are turning to Phixius as one method to both adhere to the Nacha WEB Debit Account Validation Rule and provide a safe and secure way to verify and validate ACH account information.
Phixius Customers' Account Validation Success Stories
November 2, 2022, webinar with Head of ACH Compliance at North American Bancard to discuss Phixius and the benefits it is providing for them, including account validation.
June 1, 2022, podcast with President of Aliaswire and President of Avenu, to discuss Phixius’ account validation application.
January 20, 2022, webinar with President of Aliaswire discussing why Phixius meets their account validation needs.
Connecting payment-related information quickly and safely
Phixius’ applications provide for the exchange and verification of payment-related information, risk management, and fraud prevention — all in one place.
Phixius participants can instantly verify routing and account number information before executing payments.
Combines the instant verification of AAV with account name validation.
Phixius’ ODFI participants can instantly provide rich remittance data for RDFI pre-screening of incoming international ACH payment remittances.
Phixius participants can instantly receive or verify a robust company profile include payment routing and remittance data.
Phixius participants can instantly verify biller account information for electronic bill payment.
SOC 2 Type II Certified
Nacha's data procedures, controls, and security practices have been audited by outside firms with a focus on our availability, security, and confidentiality. For more information, please contact your account representative.
The Phixius Advantage
Phixius’ applications harness Nacha’s trusted network where participants share payment-related information promptly and securely.
Risk and fraud management
Comply with regulatory requirements, enforce payment terms, and create an auditable record--reducing complexity and risk.
Single source for payment-related data
Eliminate the need for multiple data source contracts by immediately sharing critical payment-related information across various payment types.
Streamlines payments process
Instantaneously verify routing and account number information and the name on the account before executing payments.
Creates revenue opportunities
Participants can utilize verification to generate new pathways for revenue.
Built and operated by Nacha
When you’re on the Phixius Network, your payments will play by the rules.
See Phixius in Action
Take a look at how Phixius is enabling the exchange and verification of payment-related information securely, instantly, and across multiple payment types.
A representative will provide you with a free,15-minute demonstration.
Phixius on YouTube
Learn more about Phixius and how it works in highlighted videos or view the Phixius YouTube Playlist.:
Phixius in the News
Learn more about Phixius in recent news coverage, including:
- Nacha Brings Verification of Payment-Related Data to Its Phixius Network (Digital Transactions)
- How Nacha is Streamlining Payment Information Exchange with Phixius (PaymentsJournal)
- New Platform Designed for Secure Payment Data Exchange (BankInfoSecurity)
Phixius Media Releases and Blog Posts
December 13, 2022: Phixius by Nacha Processes 2 Millionth Transaction
August 23, 2022: Nacha’s Phixius Passes 1 Million Transactions
June 6, 2022: Nacha’s Phixius Platform Announces Partnership with Aliaswire to Provide Small Volume ACH Users Account Verification Option
March 2, 2022; Nacha’s Phixius Service: A Path to ACH Account Validation Compliance
January 13, 2022; Nacha’s Phixius Platform Welcomes Participants to its Account Ownership Verification Application
December 13, 2021; Aliaswire Joins Phixius, Nacha’s Peer-to-Peer Data Exchange Network
June 4, 2021; Phixius: Moving the Exchange of Payments Information to the Next Level
November 10. 2020; Nacha Announces First Live Transactions on the Phixius Platform