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The Data Behind B2B Payments’ API Excitement

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6 percent: the portion of same-day ACH volume that constituted B2B payments during the first 11 days of NACHA’s launch of the service. Even more recent data from NACHA, released last week, said same-day ACH transactions accounted for $87.1

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Cash Flow, Each And Every (Same) Day

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And in the latest installment of Data Drivers, statistics show that the recently launched Same Day ACH initiative has got businesses, and consumers, moving to manage cash flow on a daily basis, across a variety of use cases. That’s the dollar value of Same Day ACH transactions that NACHA saw across the network through the month of October.

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ACH Payments Come To Salesforce

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In a press release , linked2pay noted that this payments gateway is geared toward both B2B and B2C merchants and can be used across ACH and credit card transactions. Chargent has been live since 2009.

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Faster Payments: Does The Fed Have A Hidden Agenda?

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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. 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.

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ACH Becoming The Mediator Between Conflicting AR, AP Needs

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Disruptors in B2B payments have an opportunity to access larger profit margins, it continued, in a market less saturated than the B2C payments space. Indeed, the report found that while checks are more common than ACH today, by 2020 checks are expected to decline to 34 percent of all payments received by the AR department.

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Auto Lenders Use AI To Drive Safer Real-Time Disbursements

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They can eliminate the pain points in business-to-consumer (B2C) transactions by keeping consumers from waiting to receive their funds, while businesses are witnessing the advantages of using real-time payments when transacting with each other. Nacha — which governs the Automated Clearing House (ACH) in the U.S. —

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B2B Use Cases Drive Up Real-Time Demand

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FINTAINIUM is combining its Account Receivables and Payables Management Platform with Everlink's eHUB Digital Payments Platform to support real-time B2B and B2C payments that adhere to ISO 20022 payments messaging standards. B2B Drives ACH Volume Up. According to the latest stats, the ACH Network saw 6.8