NACHA
United States
Senior Director.
NACHA is a not-for-profit association that represents more than 11,000 financial institutions through direct memberships and a network of regional payments associations, and 585 organizations through its industry councils. NACHA develops operating rules and business practices for the Automated Clearing House (ACH) Network and for electronic payments in the areas of Internet commerce, electronic bill and invoice presentment and payment (EBPP, EIPP), e-checks, financial electronic data interchange (EDI), international payments, and electronic benefits services (EBS).
NACHA is a not-for-profit association that represents more than 11,000 financial institutions through direct memberships and a network of regional payments associations, and 585 organizations through its industry councils. NACHA develops operating rules and business practices for the Automated Clearing House (ACH) Network and for electronic payments in the areas of Internet commerce, electronic bill and invoice presentment and payment (EBPP, EIPP), e-checks, financial electronic data interchange (EDI), international payments, and electronic benefits services (EBS).
Recent Activities
Robert Unger Uploaded a new document - October 30, 2007
Consumer electronic bill payment service providers (CSPs) processed more than 400 million Internet-initiated consumer bill payments in 2001, according to a new survey of CSPs jointly sponsored by NACHA’s Council for Electronic Billing and Payment (CEBP) and TowerGroup. The dollar amount of these bill payments was $120.9 billion.
Robert Unger Uploaded a new document - October 30, 2007
Glossary of key terms used within EIPP segment -
AP
AP Integration
Approval Chain
Business Benefit
Cycle Time
EFT
EIPP
GL
NACHA
Operational Benefit
Suspect Items
Trade Credit
Robert Unger Uploaded a new document - October 30, 2007
Doc 6 - NACHA, The 2007 Electronic Payments Review and Buyer's Guide - Understanding the ACH Network: An ACH Primer
Robert Unger Uploaded a new document - October 30, 2007
Doc 4 - NACHA, The 2007 Electronic Payments Review and Buyer's Guide - Educational Program
Robert Unger Uploaded a new document - October 30, 2007
Doc 1 - NACHA, The 2007 Electronic Payments Review and Buyer's Guide - Councils
Robert Unger Uploaded a new document - October 30, 2007
Doc 2 - NACHA, The 2007 Electronic Payments Review and Buyer's Guide - Fact Sheet
Robert Unger Uploaded a new document - October 30, 2007
Doc 1 - NACHA, The 2007 Electronic Payments Review and Buyer's Guide - Introduction Letter
Robert Unger Uploaded a new document - October 30, 2007
The ACH Network facilitates commerce electronically by serving as an efficient, reliable and secure payments system. NACHA, led by member depository financial institutions and payments associations, fulfills this purpose by managing the development, administration, and governance of the Network and by providing superior services and value to its members as the industry association responsible for ACH payments.
Robert Unger Uploaded a new document - October 30, 2007
Service providers and their customers routinely negotiate terms that provide bilateral protection of
interests at mutually agreeable terms. There are situations, however, in which it is desirable to
have these business agreements made within a widely adopted set of “business practices” that are
recognized and supported by many different parties. Business practices of this sort are particularly
helpful if other parties are to be involved in providing some aspect of a new service. Without
widely accepted business practices, each participant might need to establish side agreements with
Robert Unger Uploaded a new document - October 30, 2007
Document prepared for the NACHA B2B EIPP Task Force - January 9-10, 2001, identifying barriers to adoption of EIPP.