ACH Essentials - 6681
M@Cademy Courses
ACH Transactions Essentials -- Your Guide to a Modern Payment System
Developed in partnership with Nacha
Course Overview:
ACH, or Automated Clearing House, is a financial giant, processing a staggering 30 billion payments in 2022 alone, with a combined value exceeding $76.7 trillion. Such figures underscore the fact that both consumers and corporations invariably intersect with ACH transactions.
The ACH Essentials course is meticulously curated for payment professionals, providing a solid foundation on the workings and significance of ACH payment networks. It deciphers the sophisticated mechanisms that power ACH and emphasizes its crucial role in ensuring secure, efficient, and cost-effective payments.
Who should enroll?
Any payment professional aiming to master the intricacies of modern payments and ACH operations.
Course Highlights:
- Target Level: Novice
- Duration: 60-90 minutes
- Format: This course is asynchronous and interactive. This is not a recorded webinar. It is an interactive learning experience designed to reinforce learning. You may complete it on your time and schedule. Once purchased, you will have access to the course for one year. The course is non-transferrable and worth one (1) ETA CPP credit.
Learning Objectives:
- Articulate the essence of ACH and its distinction from other payment systems.
- Decode the operational intricacies of the ACH network.
- Spotlight key players, potential risk sources, and pivotal compliance themes in the ACH sphere.
- Acquaint oneself with the terminologies and phrases common or unique to ACH transactions.
Harness the power of knowledge and excel in the contemporary payment domain. An initiative brought to you by the Association for Payment Professionals, in collaboration with Nacha.