ACH Platform

Drawing on years of engagements with some of the world’s largest financial services companies, aurionPro has crafted and refined a sophisticated platform for processing all aspects of ACH payments. Whether you’re a payment company that wants to provide customers with ACH payments or you’re a retailer or merchant looking to offer customers the ability to pay for products/services through regular checking account deductions, aurionPro has the functionally rich platform to help you quickly accept and process ACH payments.

ACH Platform Features:

Settlement Reconciliation – aurionPro lets payment processors isolate pre-authorized transactions and defer settlements before paying merchants.
Transaction Scheduler – You can enable end-consumers to schedule their regular ACH transactions, such as rent or car payments.
Risk Monitoring and Velocity Control – aurionPro can provide payment processors with an in-place dynamic velocity engine that tracks user behavior and interactions and adjusts their transactional privileges accordingly. The comprehensive coverage and sophistication of this velocity engine enables the treasury department to detect fraud and manage risk at an extremely granular level.
Returns Processing – The aurionPro ACH platform processes all ACH returns as defined by your business rules. Additionally it also identifies and aggregates all the unmatched returns in an exception queue for manual intervention from an ACH operator.
Notice of Charge (NOC) Processing – When banks change their ownership or ABA routing numbers (typically through acquisitions and mergers), aurionPro keeps track of NOC information to auto-correct future payment transactions. This also provides the flexibility for changing payment processors.
NACHA File Generator and Checker – Each day, aurionPro rolls up all charges, generates the batch file, and sends it to the Originating Depository Financial Institutions (ODFIs).
ODFI Implementation – aurionPro understands the nuances of the strict requirements that ODFIs have for receiving data files and transferring payments.
Complete Range of Transaction Types – With aurionPro, payment processors can accept a wide range of payment transactions: Web forms, telephone, CCD, PPD, BOC, and ARC scans. The business rules to support these payment types are built in – and customizable.