The Benefits of Membership
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The Automated Clearing House (ACH) is
the nation's largest electronic payment network which offers a
reliable, low-cost payment method and an alternative to expensive and
inefficient paper transactions and processes. Most every
financial institution processes ACH consumer payments and
many serve corporate customers too.
Whatever your current
or projected involvement in the ACH system, you can enhance your
position in the ACH market by becoming a member of The Payments
Authority.
Contact Rona Mehl or Lisa Iselli for details!
Free Payments
Education
- Payments Power Hours
- Recorded podcasts
for front-line branch ACH operations
staff.
- On-Demand Training
- Many sessions have been recorded and are available at no
charge, allowing you to provide training for your staff, where and
when it's convenient for you.
- ACH ‘Core Curriculum’
Tele-seminars -
- ACH Rule Changes (Held in November
each year to address upcoming changes)
- Face-to-face workshops
- Offered in locations throughout
Michigan
- AAP Alliance for all AAPs on
staff
- Face-to-face meetings for
networking, best practices discussion and industry updates
- Periodic tele-conference
calls to discuss network rules activity and other industry
issues
Member Rates on All
Other Payments Training
- Member
rates on audits, risk assessments, origination project management,
and all other consulting services.
- Discounted
rates on workshops, webinars, training on-demand and conferences offered
by The Payments Authority... and NACHA!
Support &
Industry Information
- 'Quick Question Support' and
guidance for rules interpretation and operational issues (via
toll-free number or e-mail)
- Pertinent payments system
information available and distributed to many contacts throughout your
organization
- Access to the members-only section
of our website, filled with valuable information, tools and
Documents-on-Demand
- Opportunities for Best Practices
sharing among peer organizations
- Quarterly ACH Transaction Volume
Reports by Routing Number
- Listing in and online access
to The Payments Authority Membership Directory.
- Subscriptions to New Directions and eDirections
newsletter, operations bulletins, and ACH rule amendment
updates.
Consider
Membership for Your Corporate Account Holders (ACH Originators)
too!
- Now your corporate customers can enjoy many of the same
membership privileges that you
do… for a cost that’s hard to pass up.
- An educated Originator is your best
customer. Let The Payments Authority provide training and
'Quick Question Support' to your corporate account holders.
- Click here to learn more about this
unique membership for companies.
As a member of The Payments Authority you
can:
Cut Costs - ACH transactions cost financial institutions three to
four times less than paper payments. As a Payments Authority member, you
have a ready advisor who can show you how to implement cost-saving ACH
applications. Furthermore, membership saves you money by making maximum
use of valuable staff time.
Reduce Risk - With ACH transaction
and dollar volume increasing, risk control is a priority for all
financial institutions. The Payments Authority can help you design an
effective risk control program by advising you on appropriate measures
and by referring you to seminars and publications that address this
important area. Membership also gives you access to the ACH fraud alert
hotline maintained by the National Automated Clearing House
Association.
Increase Volume
- The implication for financial
institutions is clear: If you want to capitalize on the changing market,
you must offer competitive ACH services. Who do customers trust to
handle their ACH transactions? ACH association members. In fact, some
corporations choose to do business only with association members,
because they value the superior service available through member
institutions.
Improve Customer Relations
- If you've ever had a payroll
transaction go awry, you know how vital it is to have procedures to
ensure error-free operations and to respond promptly when problems do
occur. The Payments Authority can help you to respond quickly and
efficiently to account holders' concerns.
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