ACH Network Operation Bulletin PayPal 
PYMNTS
MARCH 13, 2019
NACHA, national administrator of the ACH network, said a third processing window for same-day transactions will be postponed for six months until the Federal Reserve Board of Governors (Fed Board) approves the initiative. In the latest example, PayPal Holdings Inc. and The Clearing House as partners.”.
PYMNTS
MARCH 18, 2019
First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. Then came PayPal’s debut of Instant Transfer to Bank. And finally, that the banks and the card networks are the big losers. A Couple of Important Dots.
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