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Tagged: nacha
It's Not Just NACHA: How 'ACH' Works Differently Around the World
4 min read
NACHA is a US thing. So what happens when a company has to pay employees or vendors in Canada too? A plain English look at Canada's EFT format, how it differs from NACHA, and how ISO 20022 ties the two together.
paymentsachnachacpa005iso20022fintech
Anatomy of an ACH Payment: How Your Paycheck Actually Gets to You
5 min read
We opened up a wire message in the last post. This time, let's open up an ACH payment, the one behind your paycheck, your rent auto-pay, and your Netflix bill, and see what's really inside it, in plain English.
paymentsachnachafintech