PYMNTS

SEPTEMBER 15, 2017

In a recent interview with PYMNTS’ Karen Webster, Jane Larimer, chief operating officer at NACHA, said the financial services industry has done much preparation in terms of enhancing systems and processing, in tandem with significant testing, after a smooth Phase 1 of Same Day ACH debuted last September. 2016 and July 2017.

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Same Day ACH ACH NACHA Credit Transaction 52

PYMNTS

SEPTEMBER 15, 2017

In an interview with PYMNTS’ Karen Webster, Jane Larimer , chief operating officer at NACHA , said that the implementation of Phase 1 of Same Day ACH has gone smoothly, with a live debut last September. We’re seeing robust use of same-day ACH credits,” said Larimer. We are excited for this to go live.”.

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Same Day ACH ACH NACHA Debit Transaction 48

PYMNTS

APRIL 6, 2017

Phase One of the Same Day ACH rollout that made credit transfers a reality was completed last year. Phase Two, which will allow debit transactions on the same day, is planned for September 2017. local time after Same Day ACH Phase One rolled out in September 2016.

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PYMNTS

NOVEMBER 21, 2016

Same Day ACH payments are gaining traction right out of the gate, with nearly $5 billion and 3.8 million transactions in October, the first full month of activity. This sets the stage for increased adoption of same-day payments across consumers and the merchants who serve them. The numbers are in.

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ACH Same Day ACH Payments Online and Mobile Banking 75

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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