Home Industry News Nacha Approves Amendments to Operating Rules Focused on Supporting More Technologies and Handling Unauthorized Payments
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Nacha Approves Amendments to Operating Rules Focused on Supporting More Technologies and Handling Unauthorized Payments

Nacha, who enables Automated Clearing House (ACH) payments, has approved eight amendments to their Operating Rules focused on infrastructure around improving Same Day ACH and providing a framework for authorizing consumer ACH payments that can be applied to the growing channels and technologies consumers want to use to make digital payments. Additional new rules pertain to handling unauthorized payments and ACH reversals.

The new rules will take effect throughout 2021 as Nacha continues to expand Same Day ACH to become a more competitive payment choice for consumers and businesses.

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