It’s not jargon at all, is it? It’s just literally the proper name for the specific payment network. I thought jargon is industry-specific slang terms for concepts that could otherwise be described with less industry-specific terms. There is no simpler or clearer way I’m aware of to refer specifically to ACH.
As for it being common, if you work as a developer on any web products that accept or send significant payments in the US, you’ve almost certainly heard of ACH. If you haven’t, then this article probably won’t be of any interest or use to you even if it had an extensive introduction about what ACH is.
As someone from the US, though who now lives in the UK, I would feel the need to quality that with the phrase "needless jargon" if I wanted to refer specifically to jargon that could otherwise be described with less industry-specific terms.
So then would you say "jargon" is just any term for something that laypeople wouldn't be familiar with, even if it's the standard/only name for that thing?
I think that's fair - with the exception of self-descriptive names, and acronyms can further obscure understanding, if you say you've got a Self-Contained Underwater Breathing Apparatus sure, it's for... like breathing, underwater... apparently self-contained which I'm not quite certain the significance of but like "Under water breathing thingy" is a very natural interpretation. SCUBA, to contrast, is much more easily recognizable due to pop-culture, but has no naming inherent to it's name, and is generally not written in a way that implies acronym-ness, "Oh, were you wearing your Scuba tank?"
It’s not jargon at all, is it? It’s just literally the proper name for the specific payment network. I thought jargon is industry-specific slang terms for concepts that could otherwise be described with less industry-specific terms. There is no simpler or clearer way I’m aware of to refer specifically to ACH.
As for it being common, if you work as a developer on any web products that accept or send significant payments in the US, you’ve almost certainly heard of ACH. If you haven’t, then this article probably won’t be of any interest or use to you even if it had an extensive introduction about what ACH is.