If your business bills customers for recurring or subscription-based payments, you should be utilizing ACH payment processing.
Auditing Myths: Everything You Need to Know About Nacha Compliance
Nacha is continuing to crack down on auditing for all Third-Party Service Providers and Third-Party Senders. In order to remain in compliance, these entities must conduct an audit of compliance by December 31, 2020. Many myths surround the Nacha audit, and at EFX, we are working to dispel them to help our clients.