PYMNTS

SEPTEMBER 15, 2017

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.” 42 million | Same-day ACH credit transactions between Sept.

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Same Day ACH ACH NACHA Credit Transaction 52

PYMNTS

SEPTEMBER 14, 2020

The September Next-Gen Debit Tracker® examines consumer behavioral shifts that are taking on an air of permanence as recovery and reopening unfolds all around. Card-not-present (CNP) debit transactions increased geometrically since COVID-19 came to town, meaning merchants need to focus on the desires of these users foremost right now. “We

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Debit Transaction Contactless Payments Debit Card Funds Availability 57

PYMNTS

SEPTEMBER 15, 2017

For this calendar year, Larimer said NACHA is projecting 50 million transactions: “We are pleased with the volume so far … and we are expecting to see more use from same-day debits. A lot of the prep work for debit, said Larimer, was done before credit went live last year. We are excited for this to go live.”.

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Same Day ACH ACH NACHA Debit Transaction 48

PYMNTS

NOVEMBER 21, 2016

At present, the ACH same-day conduit exists across credit, but the roadmap less than a year out mandates same-day debit transactions. Someone can write a check, or write a few checks, and not have the funds available to settle that payment.” That bodes well for Sezzle.

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ACH Same Day ACH Online and Mobile Banking Payments 75

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. This month’s Deep Dive explores how push payments speed transactions, as well as the benefits and potential challenges of their use in real-time payment systems.

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Payer Push-to-Card Real Time Payments Payee 67

PYMNTS

MAY 22, 2018

Much has been made in this space about push payments , which assures instant and “safe to spend” funds (meaning the payment cannot be reversed) delivered to a consumer’s account. Those payments work over the same infrastructure and rails that deliver a debit transaction, but in reverse.

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Push-to-Card Same Day ACH ACH Payments 40

PYMNTS

APRIL 6, 2017

Phase Two, which will allow debit transactions on the same day, is planned for September 2017. The third phase, which will usher in faster ACH credit funds availability, is on track to occur in March 2018. Phase One of the Same Day ACH rollout that made credit transfers a reality was completed last year.

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