Regional Payments Associations (RPAs)
“What is a Regional Payments Association (RPA)? RPAs are not-for-profit trade associations whose main membership includes the banks, credit unions, software vendors, processors and corporations within their market.”
“On behalf of their members, RPA staff sits side by side with NACHA through participation on councils, standing committees, task forces, NACHA’s Board of Directors, the AAP Blue Ribbon Panel, payments conference planning committees and the Payments Institute Board of Regents and Faculty.”
“RPAs frequently work with the Federal Reserve Banks on industry and regional initiatives. Together with the Reserve Banks, NACHA and the RPAs provide the country’s payments professionals with the tools and resources they need to do an effective job.”
“The benefits of membership in your RPA are many, for financial institutions and companies alike. Members realize continual growth in ACH volumes and therefore experience the maximum efficiencies and cost savings that the ACH network offers—increased income, lower costs, reduced risk and improved customer relations. We will achieve this through providing exceptional customer support, quality educational services and active participation on industry initiatives, identifying and forming partnerships with industry stakeholders.”
*Smith, AAP, CAE, Amy. "Your Regional Payments Associations: Surging Ahead." Fedfocus 5, no. 2 (2007): 1-3.
