NACHA, or the National Automated Clearing House Association, is a nonprofit organization that manages the development, administration, and governance of the Automated Clearing House (ACH) network in the United States. This network facilitates electronic payments and money transfers between banks, allowing for efficient processing of transactions like direct deposits and bill payments. NACHA establishes the rules and standards for ACH transactions, ensuring security and reliability. It also promotes the use of electronic payments, helping businesses and consumers transition from paper checks to digital methods, which can save time and reduce costs in financial transactions.