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Nacha: Announces First Live Transactions on the Phixius Platform

November 11, 2020

Phixius, developed and operated by Nacha, is a platform that utilizes technology, standardized APIs
Nacha is a nonprofit organization that convenes hundreds of diverse organizations to enhance and enable ACH payments and financial data exchange
Nacha announces that Phixius, a new platform that facilitates the trusted exchange of payment information is live
Nacha’s holistic and in-depth understanding of businesses’ payment and data challenges led to the development of Phixius
Phixius provides interoperability between vetted participants who connect directly to the platform in order to more securely exchange data
Transactions occur via standardized open APIs developed by Afinis Interoperability Standards and ISO20022