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Pandemic Payments and the Use of the ACH Network
Episode 8: Pandemic Payments and the Use of the ACH Network During the COVID-19 pandemic, the U.S. government provided much-needed resources to millions of Americans, including child tax credit payments and economic impact payments. Bill Sullivan, Nacha's …
Direct Deposit Benefits Taxpayers
Episode 7: Direct Deposit Benefits Taxpayers On January 24, 2022, the Internal Revenue Service began accepting and processing 2021 tax year returns. Bill Sullivan, Nacha's Senior Director & Group Manager for Government & Industry Relations, sat down with …
Nacha Announces Board Officers and Directors for 2023
HERNDON, Virginia , Feb. 1, 2023 – Nacha today announced the addition of four new and two re-elected members to its Board of Directors. The Nacha Board provides strategic guidance related to the modern ACH Network and the governance of Nacha as an …
Nacha Named a Best Place to Work in Virginia for Fifth Year in a Row
Nacha has again been named as one of the 2023 Best Places to Work in Virginia —for the fifth year in a row—by Virginia Business Magazine and Best Companies Group. Nacha governs the modern ACH Network, the payment system that drives safe, smart, and fast …
Network Administration Fees
… 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 …
Nacha Announces New Board Officers and Directors for 2022
Nacha today announced its 2022 Board of Directors. These Board members are all senior executives representing different sizes and types of financial institutions that utilize the ACH Network and who bring diversity in thought, experience and perspective …
How to Get Consumers to Make More ACH Payments
(L-R) Luis Guzman, Dave Glaser and Serenie Gagon LAS VEGAS —You’re at the online checkout ready to complete your purchase. How do you pay?  For most consumers it’s with a credit card, which leads Dave Glaser to this question: “How do we motivate consumers …
Direct Deposit and Direct Payment Benefit Consumers
Electronic Bank Transfers Make Collecting Donations Fast, Safe and Reliable
… More Money Per Donation . Monthly gifts from donors using electronic bank transfers are on average 55% higher than with other payment types. Make Donating Easier . No more counting or carrying cash or checks. Instead, donations made by electronic bank …