NACHA Thinking about Making Changing to TEL Debits to enable Recurring TEL Payments and other E-Check Changes
According to news reported by Digital Transaction yesterday, NACHA, the organization that regulates and governs the Automated Clearing House network, is seriously thinking about making changes for ACH transaction such as changing the TEL code to allow for recurring payments using telephone authorized electronic check conversions, they are considering getting rid of the opt-out notification ...