NACHA’s Payments Innovation Alliance Releases White Paper: “Leveraging the Mobile Channel for ACH Payment Innovation”

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Paper Predicts Popularity of ACH Mobile Payments Will Grow as Technology Advances

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The mobile future is here. The use of mobile devices with ACH transactions is ripe for rapid adoption and further innovation given that it is a ubiquitous, low cost means of accessing payments.

NACHA—The Electronic Payments Association® announced today that its Payments Innovation Alliance released a white paper, “Leveraging the Mobile Channel for ACH Payment Innovation.”

The paper asserts that the payments industry and its embrace of mobile stand at an important crossroad. The increasing use of mobile devices by consumers and corporates, the steady introduction of new mobile point-of-sale solutions, and the advancement of the ACH Network together make mobile an important option for moving money and payment information.

“The mobile future is here,” said George Throckmorton, managing director, Advanced Payments Solutions at NACHA. “The use of mobile devices with ACH transactions is ripe for rapid adoption and further innovation given that it is an ubiquitous, low cost means of accessing payments.”

The paper explores the current landscape for mobile payments; the role of mobile in ACH transactions; and assesses the challenges and opportunities of using the mobile channel for ACH for merchants, billers, consumers and corporates.

The Payments Innovation Alliance held a members meeting March 3-5 in Los Angeles to discuss a variety of payments-related topics, including a session dedicated to providing an overview of the white paper and smaller group discussions about the issues it raises around the use of mobile devices in ACH transactions. Launched last year, the Alliance is a membership group that encourages industry dialogue and collaboration to help advance domestic and global payments.

To download a copy of the “Leveraging the Mobile Channel for ACH Payment Innovation” white paper, visit

About the Payments Innovation Alliance
The Payments Innovation Alliance brings together diverse, global stakeholders to support payments innovation, collaboration, and results through discussion, debate, education, networking, and special projects that support the ACH Network and the payments industry worldwide. By organizing content and focus across all payment areas, including emerging payment technologies, electronic billing and presentment, mobile, payment security/risk, check conversion and global payments, the Alliance seeks to grow and advance payments and payments technology to better meet and serve the needs of the evolving industry. For more information and to learn how to join, visit    

About NACHA—The Electronic Payments Association
Since 1974, NACHA – The Electronic Payments Association has served as trustee of the ACH Network, managing the development, administration and rules for the payment network that universally connects all 12,000 financial institutions in the U.S. The Network, which moves money and information directly from one bank account to another, supports more than 90 percent of the total value of all electronic payments in the U.S. Through its collaborative, self-governing model, education, and inclusive engagement of ACH Network participants, NACHA facilitates the expansion and diversification of electronic payments, supporting Direct Deposit and Direct Payment via ACH transactions, including ACH credit and debit payments, recurring and one-time payments; government, consumer and business transactions; international payments, and payments plus payment-related information. Through NACHA’s expertise and leadership, the ACH Network is now one of the largest, safest, and most reliable systems in the world, creating value and enabling innovation for all participants. Visit for more information.

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Kendra Beasley
NACHA - The Electronic Payments Association
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