NACHA, formerly known as the National Automated Clearing House Association, is a nonprofit organization that manages the development, administration, and governance of the ACH (Automated Clearing House) network in the United States. The ACH network facilitates electronic payments and money transfers, including direct deposits, bill payments, and business-to-business transactions. NACHA establishes the rules and standards for ACH payments, ensuring secure, efficient, and reliable transactions. It also works to innovate and improve the payment system, promoting the adoption of faster payment methods and maintaining the integrity of the financial network.
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