Remove 2018 Remove ACH Rules Remove Origination
article thumbnail

SMBs Gear Up For Phase Two Of Same-Day ACH Rollout

PYMNTS

September will be a big month for NACHA’s Same-Day ACH initiative. 15, NACHA will roll out phase two of its Same-Day ACH Rule, and small businesses stand to gain significantly from the effort, according to reports at Nav.com. It incorporates more payment scenarios into the Same-Day ACH initiative.

article thumbnail

Taking The Y2K Fear Factor Out Of Same Day ACH

PYMNTS

The third phase, which will usher in faster ACH credit funds availability, is on track to occur in March 2018. The ACH rules are complicated, so we do find situations where there’s a certain understanding of the rules, but it’s not comprehensive,” he said.