PYMNTS

MARCH 18, 2019

Last week, NACHA issued an ACH operations bulletin announcing the delay of the rollout of a third Same Day ACH (SDA) processing window by six months, to March 19, 2021. The regulator notified NACHA that they need more time to evaluate required changes to their system before giving it the green light.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

Stax

NOVEMBER 13, 2024

ACH credit payments are often used for business-to-business payments and end-of-the-month payroll payments. The ACH network is governed by the National Automated Clearing House Association (Nacha ), an American organization that administers risk management and rule enforcement for all ACH transfers and works with the Federal Reserve.

ACH 88

ACH ACH Network Payer Payee 88

Payment Savvy

FEBRUARY 23, 2023

There are two main ACH payment methods: direct deposits and direct payments: ACH direct deposits : Whenever you need to deposit your money to someone’s account, you can do it through ACH direct deposits. Common ACH direct deposits include payrolls, benefits, tax refunds, or interest payments.

ACH 52

ACH Returns RDFI ODFI 52

PYMNTS

AUGUST 12, 2019

But for the Fed and its rails, they say, employees will be resigned to the bad old days of antiquated payroll systems that force them to live paycheck to paycheck, and at great financial risk. Employers schedule payroll a day or two in advance with their payroll providers so that employees can access and use those funds on payday.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78