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Monday, December 16, 2024
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Nacha: Announces First Live Transactions on the Phixius Platform

Laura M
By Laura M
  • 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

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