ACH Services
The ability to batch-transfer funds efficiently and cost-effectively is an essential element in your institution’s cash management program.
Reliable ACH for Less Than You’d Expect
Membership also gives you exclusive access to our ACH Risk Monitoring program, which automatically watches your system to help you prevent ACH fraud and ensure compliance with ACH rules. The platform provides an independent ACH audit function that complies with Office of Comptroller of the Currency (OCC) guidance.
SHAZAM’s Automated Clearing House (ACH) services allow you to process a wide range of transactions such as direct deposits, government benefits, direct payments, business-to-business payments, e-checks, tax payments, child-support payments, and more. As a partner with SHAZAM, you can rest assured that we’ll never disclose your information to competitors. And SHAZAM’s not-for-profit business model means you’ll receive ACH services at a fraction of the cost other payments networks charge.
With SHAZAM, You Enjoy the Benefits of Membership The SHAZAM, Inc. ACH Association is one of 17 regional payments associations of NACHA, The Electronic Payments Association. So when you partner with SHAZAM, you automatically receive all the benefits of NACHA membership, including comprehensive training, information, and support on emerging electronic payment technologies, plus a voice in the evolution of the payments system.
NACHA manages the development, administration, and governance of the ACH Network, the backbone for the electronic movement of money and data. NACHA brings together payments system stakeholders to enable innovation that strengthens the industry with creative payment solutions.
Everything You’d Expect in ACH – and More ACH Receive This service simplifies the receipt of daily ACH files from the Federal Reserve. Regardless of your financial institution’s size, SHAZAM will deliver these files quickly and provide you with an inexpensive alternative to FedLine or processing incoming ACH through a correspondent institution. SHAZAM ACH Origination Your financial institution and your corporate clients can originate transactions without a major investment or time commitment. Creating properly formatted NACHA files is fast and easy, and SHAZAM will warehouse transactions for up to 30 days prior to the effective date. Secure, Easy-to-Use Interface With SHAZAM ACH, uploading and importing data is a simple process that eliminates the need to manually enter information. NACHA-formatted, CSV (Excel), and text files can be imported into SHAZAM ACH. And with more than
ACH Services
ACH Services
ACH Services
ACH Services
150 templates available to create batches within the system, SHAZAM’s report options make it easy to audit system usage and view file details. SHAZAM ACH transactions are secured through a variety of means, including multi-factor authentication, passwords, encrypted databases, daily dollar amount limits, dual-control capability, automatic logoff, and extensive user set-up options.
SHAZAM’s ACH Services Add Value to Your Business Benefits to your financial institution • Lowers your cost compared to other ACH providers • Reduces deposits and payments processing time • Promotes loyalty with existing corporate customers • Helps you acquire new corporate accounts • Automatically monitors your ACH transactions for risk • Helps you stay compliant with NACHA and OCC Benefits to your corporate customers • Saves resource time • Reduces administrative and operating expenses • Improves cash management forecasting abilities Benefits to your customers • Delivers consistent, convenient availability of funds • Reduces the likelihood of charges for late payments • Eliminates the expense of checks and wire transfers
Contact your SHAZAM Account Executive today and start taking advantage of all the benefits of SHAZAM ACH Services.
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Reliable ACH for Less Than You’d Expect
Membership also gives you exclusive access to our ACH Risk Monitoring program, which automatically watches your system to help you prevent ACH fraud and ensure compliance with ACH rules. The platform provides an independent ACH audit function that complies with Office of Comptroller of the Currency (OCC) guidance.
SHAZAM’s Automated Clearing House (ACH) services allow you to process a wide range of transactions such as direct deposits, government benefits, direct payments, business-to-business payments, e-checks, tax payments, child-support payments, and more. As a partner with SHAZAM, you can rest assured that we’ll never disclose your information to competitors. And SHAZAM’s not-for-profit business model means you’ll receive ACH services at a fraction of the cost other payments networks charge.
With SHAZAM, You Enjoy the Benefits of Membership The SHAZAM, Inc. ACH Association is one of 17 regional payments associations of NACHA, The Electronic Payments Association. So when you partner with SHAZAM, you automatically receive all the benefits of NACHA membership, including comprehensive training, information, and support on emerging electronic payment technologies, plus a voice in the evolution of the payments system.
NACHA manages the development, administration, and governance of the ACH Network, the backbone for the electronic movement of money and data. NACHA brings together payments system stakeholders to enable innovation that strengthens the industry with creative payment solutions.
Everything You’d Expect in ACH – and More ACH Receive This service simplifies the receipt of daily ACH files from the Federal Reserve. Regardless of your financial institution’s size, SHAZAM will deliver these files quickly and provide you with an inexpensive alternative to FedLine or processing incoming ACH through a correspondent institution. SHAZAM ACH Origination Your financial institution and your corporate clients can originate transactions without a major investment or time commitment. Creating properly formatted NACHA files is fast and easy, and SHAZAM will warehouse transactions for up to 30 days prior to the effective date. Secure, Easy-to-Use Interface With SHAZAM ACH, uploading and importing data is a simple process that eliminates the need to manually enter information. NACHA-formatted, CSV (Excel), and text files can be imported into SHAZAM ACH. And with more than
ACH Services
ACH Services
ACH Services
ACH Services
150 templates available to create batches within the system, SHAZAM’s report options make it easy to audit system usage and view file details. SHAZAM ACH transactions are secured through a variety of means, including multi-factor authentication, passwords, encrypted databases, daily dollar amount limits, dual-control capability, automatic logoff, and extensive user set-up options.
SHAZAM’s ACH Services Add Value to Your Business Benefits to your financial institution • Lowers your cost compared to other ACH providers • Reduces deposits and payments processing time • Promotes loyalty with existing corporate customers • Helps you acquire new corporate accounts • Automatically monitors your ACH transactions for risk • Helps you stay compliant with NACHA and OCC Benefits to your corporate customers • Saves resource time • Reduces administrative and operating expenses • Improves cash management forecasting abilities Benefits to your customers • Delivers consistent, convenient availability of funds • Reduces the likelihood of charges for late payments • Eliminates the expense of checks and wire transfers
Contact your SHAZAM Account Executive today and start taking advantage of all the benefits of SHAZAM ACH Services.
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