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NACHA

Add a NACHA Processor

The Merge Transactions feature is new to LoanPro's latest release. General. You can use the LoanPro interface to add a NACHA processor to your Secure Payments (formerly PCI Wallet) account. Using NAC…

Updated 3 weeks ago by Cole

Multiple NACHA Returns (Per Payment Profile)

General. LoanPro has a few features to help lenders comply with the small-dollar payment rule. This rule requires that if a payment profile (e.g. bank account) has two consecutive payments returned,…

Updated 2 months ago by Andy

NACHA Process Start to Finish

General. The NACHA process can be difficult to understand. The basic process is shown in the diagram below. Here are the steps in the NACHA process: New NACHA transaction created. Secure Payments (fo…

Updated 3 months ago by Sloan

NACHA Returns

General. Echeck data is formatted in a specific way that was set by the National Automated Clearing House Association (NACHA). NACHA's standards contain specific codes for returned payments, called "…

Updated 3 months ago by Cole

NACHA Setup

General. The NACHA process is illustrated in the diagram above. This article will cover setting up your NACHA processors so you are ready to make NACHA payments. For information on the NACHA process,…

Updated 6 months ago by Cole

Offline NACHA Payment Processing Workflow

General. Often clients want to create and submit NACHA files to their banks themselves, instead of using NACHA files provided by Secure Payments (formerly PCI Wallet). The reasons for doing this will…

Updated 3 months ago by Sloan

Working With NACHA Payments

General. It is common for enterprise customers to process payments using NACHA files. Usually this is done by creating a middleware that is integrated with LoanPro and Secure Payments (formerly PCI W…

Updated 3 months ago by Sloan

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