PYMNTS

SEPTEMBER 15, 2017

We’re seeing robust use of same-day ACH credits,” said Larimer. As Phase 2 for debit transactions gets underway, the movement represents an option to transition to the two same-day windows now in place for credit transactions. With same-day debit , Larimer said, “consumers know their true balance faster.”

Same Day ACH 52

Same Day ACH ACH NACHA Credit Transaction 52

PYMNTS

SEPTEMBER 15, 2017

“We’re seeing robust use of same-day ACH credits,” said Larimer. From September 2016 through July of 2017, said Larimer, there have been 42 million same-day ACH credit transactions, with a corresponding total of more than $57 billion. A lot of the prep work for debit, said Larimer, was done before credit went live last year.

Same Day ACH 48

Same Day ACH ACH NACHA Debit Transaction 48

PYMNTS

SEPTEMBER 26, 2019

That consideration includes assessing the potential benefits and risks that come with the two fundamental types of bank payments: push and pull transactions. These methods have subtle distinctions as well as different advantages, risks and use cases. Push payments do not carry the same risk and tend to be quicker.

Payer 67

Payer Real Time Payments Push-to-Card Payee 67