Free Seminar on ACH File Formats - Record Information Offered by ACH Direct and UMACHA...

Free Seminar on ACH File Formats - Record Information Offered by ACH Direct and UMACHA to Be Held September 9

Seminar is Last in "Most Successful Seminar Series"
ALLEN, Texas--(Business Wire)--
The seventh and last webinar in a popular series of free webinars
on automated clearing house (ACH) topics, hosted by ACH Direct and the
Upper Midwest ACH Association (UMACHA), is scheduled for Tuesday,
September 9, on "ACH File Formats - Record Information."

In this course, participants will learn what happens to the
originator's input and what it means to the receiving financial
institution or receiver (consumer/corporate customer). Details
include: 1) What entered information looks like; 2) Why the
information is necessary; and 3) What the data look like on the
receiving side.

The webinar series, produced and presented by the Upper Midwest
ACH Association (UMACHA), is designed to provide a basic to
intermediate education on ACH to merchant participants with a
concentration on specific aspects of ACH targeting merchant's needs.

"In the electronic payments industry, correct information from the
originator of transactions to the receiver is the key to successful
interaction," said Jeff Thorness, president and CEO of ACH Direct.

"We have enjoyed partnering with UMACHA to offer this
comprehensive ACH education series, and we're proud to say this is one
of our most successful seminar series with more than 900 attendees,"
Thorness continued. "We've reached a wide cross section of the
financial world, including banks, universities, corporations and other
payments-related companies, all of which are very involved today in
electronic payments."

"According to NACHA--The Electronic Payments Association, we're
seeing ACH payment volume doubling every five years, which indicates
the value of ACH payments is being recognized by financial
institutions and their customers," said Thorness. "Our goal is to show
business managers how easy and cost-effective it is to transition from
a manual to automated process - while at the same time helping them
educate their employees and customers about the benefits of ACH
electronic payments."

Participants must register in advance at www.achdirect.com. This
seminar will take place from 1 to 2:30 p.m. Central Time and include
time for questions and answers. Registered participants will dial into
a conference line for audio and log into an online session to view
these presentations.

About ACH Direct, Inc.

ACH Direct is one of the largest and most innovative payment
processors in the United States, offering a comprehensive suite of
payment processing and risk management solutions for credit card,
debit card and Echeck (ACH) acceptance. ACH Direct's customers benefit
from a complete solution for payment acceptance via the Internet, over
the telephone, by mail or in person. Dedicated to providing superior
customer service and industry-leading technology, ACH Direct provides
tools to help organizations of all types and sizes reduce costs,
mitigate risk and increase efficiencies. Additional information about
ACH Direct can be found at www.achdirect.com.

About UMACHA

Financial institutions and corporate members across the Midwest
choose UMACHA as a key resource to enhance their understanding of
electronic payments. Its mission is to support its members and other
stakeholders in payment system participation through education and
training, marketing and operational support, information dissemination
and consulting, with a particular emphasis on the ACH network.

Rockwood Communications
Aimee Rockwood, 972-935-9912
214-418-8823 mobile
aimee@rockwoodpr.com

Copyright Business Wire 2008