In an ever-shifting payments landscape, there has been another change: NACHA, the governing body that oversees the ACH payments world, has now mandated ACH Payments Tokenization for businesses. Naturally, this has caused a lot of head-scratching amongst companies. Luckily, there are many options out there which you can choose to comply with ACH Payments Tokenization rules — but first, let’s look at what you need to know. 

Why Is ACH Payments Tokenization Now Mandatory? 

In the credit card processing sphere, it’s been necessary for payment transactions to be tokenized for a while now. 

Although data protection for ACH payment transactions has been a mark of good conduct, these transactions didn’t face the same regulation until recently. 

What Do The New Mandates Require?  

For ACH transactions, the data points are composed of a routing number and a bank account number, with the routing number is necessary for bank identification for …