Tag: ACH
The Payments Innovation Alliance has launched the ACH Guide for Developers, an online resource created to assist developers who need to code to the Nacha Operating Rules and Guidelines format, but are not Rules experts.
By Richard Oliver & George Warfel Jr.
There are banks that look at Third-Party Senders and—right or wrong—have their doubts. Wayne Gonzales gets it.
The WEB Debit Account Validation Rule became effective March 19, 2021. The rule was originally approved by Nacha members in November 2018 to become effective January 1, 2020.
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This rule expands access to Same Day ACH by allowing Same Day ACH transactions to be submitted to the ACH Network for an additional two hours every business day. The new Same Day ACH processing window became effective on March 19, 2021.
A complete 15-card set includes 13 SEC Codes: PPD, TEL, CCD, CTX, WEB [Credit], WEB [Debit], ARC, BOC, POP, POS, RCK, CIE, IAT. These durable desktop reference cards contain the most up-to-date details pertaining to the specific rules unique to each SEC Code.