Remove 2018 Remove Debit Transaction Remove Funds Availability
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For NACHA’s Same Day ACH, The Debit Debut

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For this calendar year, Larimer said NACHA is projecting 50 million transactions: “We are pleased with the volume so far … and we are expecting to see more use from same-day debits. A lot of the prep work for debit, said Larimer, was done before credit went live last year. We are excited for this to go live.”.

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Taking The Y2K Fear Factor Out Of Same Day ACH

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Phase Two, which will allow debit transactions on the same day, is planned for September 2017. The third phase, which will usher in faster ACH credit funds availability, is on track to occur in March 2018. Phase One of the Same Day ACH rollout that made credit transfers a reality was completed last year.