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NACHA
NACHA develops operating rules and business practices for the Automated Clearing House (ACH) Network and for electronic payments in
the areas of Internet commerce, electronic bill and invoice presentment and payment (EBPP, EIPP), e-checks, financial electronic
data interchange (EDI), international payments, and electronic benefits services (EBS). Additional Information:
http://www.nacha.org/
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Network
An entire system of communication hardware and software used to transfer electronic information during the authorization and
settlement process.
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Non Face-to-Face Transaction
Any transaction in which the card is not presented, such as a phone, mail or Internet purchase. See
Card-Not-Present.
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No-Show
A charge to a cardholder account by a lodging merchant if the person either fails to arrive or fails to cancel the
guaranteed reservation.
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