Which of the following is a key feature of the ACH Network?

The ACH Network is primarily designed for the electronic transfer of money between bank accounts, which allows for batch processing of transactions. This feature enables financial institutions to process multiple transactions at one time, improving efficiency and reducing the cost of transaction processing. The batch processing capability helps facilitate various types of payments, such as direct deposits, bill payments, and business-to-business transactions. This is a crucial component of how the ACH Network functions, as it streamlines the movement of funds and improves overall transaction speed for participants in the network.

In contrast, the other options do not accurately reflect the characteristics of the ACH Network. For instance, the ACH does not exclusively handle check payments; it is designed for electronic payments instead. It does not operate solely in cash currency, as it is focused on electronic funds transfers. Lastly, the ACH Network does not issue physical payment cards, as its primary role revolves around the electronic movement of funds rather than the issuance of cards for transactions.