ACH Payments Directory
ACH Payments Directory
ACH Payments Directory: Facilitating the
routing and receipt of ACH bill payments for small
businesses and consumers
NACHA's ACH Payments Directory enables financial
institutions and related vendors to seamlessly route
online ACH bill payments to billers and for billers
and bill service providers to receive efficient,
quality bill payments
What is It?
The ACH Payments Directory is an ACH Network bill
payment solution operated by The Clearing House in
partnership with NACHA. The ACH Payments Directory
provides key routing and account validation information
for standardizing ACH bill payments made through online
banking and other online bill payment platforms via the
ACH Network.
How it Works
The ACH Payments Directory securely stores bill payment
instructions. Each biller has a unique profile within
the directory that includes all of the data required to
create a quality payment to a biller via the ACH
Network. Biller financial institutions and biller
service providers upload biller profiles into the ACH
Payments Directory. Consumer financial institutions and
bill payment Originators download the ACH Payments
Directory profiles to originate bill payments. Biller
financial institutions and service providers collect ACH
bill payments on behalf of their billers and billers
receive quality payments.
What's In It for You?
As a standardized, cost effective bill payment routing
and receipt solution, participants benefit from
increased efficiencies and costs savings. Additionally,
participants can expand their reach and better serve
their customers in the growing online banking channel.
And the ACH Payments Directory is the only bill pay
directory service backed by the NACHA Operating
Rules.
Participate in the Program
Participants may include financial institutions,
consumer bill payment vendors and billers. Financial
institutions may participate as a bill payment
Originator, bill payment Receiver, and/or "banks as
biller" (i.e. many financial institutions offer consumer
cards and loan products, and are therefore billers too.)
Note: Billers participate through their financial
institutions and vendors. To gain access to the ACH
Payments Directory, participants only need to sign a
one-page agreement with The Clearing House.
Get All the Details
For more information, contact
NACHA Opt-In
Programs.
Resources
- ACH Payments Directory Overview Presentation (link is external) (Webinar Recording)
Original Source: https://www.nacha.org/programs/ach-payments-directory