Processing Automated Clearing House Payments
ACH/EFT Transfers with PrintBoss
Nancy Administrator Posts: 765
2/21/2011
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NancyAdministrator Posts: 765
Executing ACH payments is fast, efficient, and easy with PrintBoss.
Automatic clearing house (ACH) is a nationwide electronic funds transfer (EFT) system that provides for the inter-bank clearing of credit and debit transactions and for the exchange of information among participating financial institutions. Direct paycheck deposits and debit card purchases are two examples of electronic fund transfers that go through this network.
ACH file specifications are established by NACHA – The National Automated Clearing House Association. PrintBoss 5.65.1 and above contains a file with the standard NACHA specifications for use with PrintBoss. This file is accessed through the Positive Pay feature in PrintBoss.
To read more, go to ACH Processing Overview edited by Nancy on 3/17/2016
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