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When it comes to B2B, sometimes processing payments can be a job in and of itself. Payment information is missing or incorrect; there’s a lopsided reliance on doing things manually rather than through automation; and there’s a lack of industry …
Phixius, Nacha’s Platform to Enable the Sharing of Payment-Related Information, Adds Three Participants So Far in 2021
New Participants Extend Reach to Hundreds of Businesses HERNDON, Va ., May 20, 2021 – Nacha announces Phixius, a platform that facilitates the trusted exchange of payment-related information, has onboarded three participants so far in 2021. The new …
Phixius by Nacha has successfully validated information for more than 4 million accounts since its first validation in March 2021. This accomplishment highlights its pivotal role helping customers of all sizes with Nacha rule compliance, as well as risk …
Phixius by Nacha—a trusted, secure, peer-to-peer payment information network—announced today its partnership with ValidiFI , a leading provider of predictive bank account and payment intelligence. This collaboration will expand on Phixius’ current account …
Created and operated by Nacha, Phixius is the trusted peer-to-peer network where businesses can exchange and verify payment-related information securely, instantly, and across multiple payment types. … Nacha Rules require that the first use of an account …
… Each depository financial institution that transmits or receives ACH entries is required to pay Nacha an Annual Fee and a Per-Entry Fee for costs associated with the administration of the ACH Network. The fee amounts are set to recover costs of the ACH …
Today Nacha announces that Phixius, a new platform that facilitates the trusted exchange of payment information is live and has completed its first information exchange transactions between participants. “We are excited that Phixius is now live,” said …