nacho-nacha

An home-grown, open-source NACHA library

What's a NACHA?

NACHA stands for National Automated Clearing House Association. NACHA is an organization that establishes the standards and rules followed by financial institutions for transferring payments.

Cool. So what does this project do?

nacho-nacha empowers small (and large) businesses and non-profit organizations to skip the middle man of the banking industry: the ACH service provider. The ACH companies out there earn money for every ACH (digital banking) transaction they perform on behalf of your business. These transactions are tracked using a complex protocol store in text files. These text files are often referred to as "NACHA files."

Most businesses work with ACH companies because the alternative is too expensive: figuring out how to create and read NACHA files.

But what if you didn't have to figure it out? What if you could hand your developers a single tool that would enable them to quickly and easily write very simple code with zero knowledge of the NACHA protocols? What if this tool was free?

nacho-nacha aims to do just that. With nacho-nacha I believe we can drastically reduce operating costs, increase profit margins, and stick it to The Man. I think we can revolutionize the banking industry.