NACHA (National Automated Clearing House Association – The Electronic Payments Association)

The national trade association responsible for developing and enforcing ACH rules and guidelines.

Related Terms

  • DFI (Development Finance Institution)

    A development finance institution (DFI) is an alternative type of financial institution that provides credit via loans, equity and more.

    Learn More

  • Effective Rate

    The effective rate shows the amount of volume a business pays in credit card processing fees to process a given amount. It is shown as a percentage,...

    Learn More