What is the main goal of an ACH Network?

The main goal of the ACH (Automated Clearing House) Network is to facilitate electronic payments. This network provides a framework for the electronic transfer of funds between banks, allowing for various types of financial transactions such as direct deposits, bill payments, and business-to-business payments.

Through the ACH Network, transactions are processed in batches, ensuring a secure and efficient means for transferring funds electronically. This is particularly important in today's financial ecosystem, where electronic payments are becoming the preferred method for conducting transactions due to their convenience and speed.

While the other options pertain to different aspects of financial transactions—such as wire transfers, check collections, and credit card transactions—they do not align with the primary functions of the ACH Network, which is specifically focused on facilitating electronic payments.