Sila Teams Up with Trice to Enhance Real Time Payments
Finovate
MARCH 8, 2024
Trice will help Sila’s customers eliminate insufficient funds and unauthorized debit for ACH transactions. Sila combines FedNow and The Clearinghouse’s RTP to allow ACH transactions to be settled in seconds. Founded in 2022, Trice offers the ability to eliminate ACH return codes R1 and R5.
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