Electronic Bill Presentment and Payment - NACHA

NACHA

NACHA-The Electronic Payments Association is a not-for-profit trade association that develops operating rules and business practices for the Automated Clearing House (ACH) Network and for other areas of electronic payments. NACHA activities and initiatives facilitate the adoption of electronic payments in the areas of Internet commerce, electronic bill payment and presentment, financial electronic data interchange (EDI), international payments, electronic checks, electronic benefits transfer (EBT) and student lending.

To define some guidelines for best practices, NACHA has created the Council for Electronic Billing and Payment of the NACHA InteroperaBILL Initiative of the Banking Industry Technology Secretariat (BITS).