ACH DIRECT VP Awarded Scholarship To NACHA's Payments Institute

ALLEN, TEXAS, May 3, 2006 – ACH Direct, Inc., a leading technology provider of Automated Clearing House (ACH), credit card and debit card transaction processing and risk management services, today announced that its Vice President of Marketing Deborah Matthews, AAP has been awarded a scholarship to NACHA’s Payments Institute. SWACHA-The Electronic Payments Resource awarded the scholarship.

“It is a privilege to award Deborah with this opportunity for advanced payments knowledge,” stated Dennis Simmons, AAP, president and CEO of SWACHA. “Her selection as a scholarship winner reflects her commitment to the financial industry.”

The Payments Institute is an intensive, five-day course sponsored by NACHA. Held in two locations annually, the curriculum covers an array of payments industry topics, such as Automated Clearing House (ACH), card systems, electronic check, international payments, risk management and emerging issues.

“It is an honor to be selected as the recipient of the SWACHA scholarship to The Payments Institute. This is a unique opportunity for professional development,” Matthews said. “The payments industry is so dynamic, requiring continual education to maintain leadership in the marketplace. I’m looking forward to gaining fresh insight that I plan to share with my co-workers and ACH Direct’s customers.”

The scholarship selection criteria included experience in the financial services arena, service to the electronic payments industry and the nominee’s essay.

“The field of candidates nominated for this honor represented many leaders in our industry and was very competitive,” added Simmons.

“This honor is indicative of ACH Direct’s commitment to providing leadership in the ACH community, as well as our dedication to providing our customers with expertise and the most current information available,” said ACH Direct’s President and CEO Jeff Thorness.

About ACH Direct

ACH Direct is one of the fastest-growing privately held electronic funds transfer processors in the United States, with $6 billion in transactions processed in 2006. ACH Direct's customers benefit from a comprehensive suite of payments products and services, including ACH origination, check verification, identity verification, credit card and debit card processing. Dedicated to providing superior customer service and industry-leading technology, ACH Direct provides tools to help organizations of all sizes reduce transaction costs, mitigate risk and increase efficiencies. Visit www.achdirect.com.

Contact:
Jay Alsup
ACH Direct, Inc.
500 W. Bethany #200
Allen, Texas 75013
469-675-9920 x 734
jay.alsup@achdirect.com
www.achdirect.com