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NACHA Postpones Same-Day ACH Window Due To Fed Board

PYMNTS

As of the date of this Operations Bulletin, that public comment notice has not been issued, and the Fed Board has not informed NACHA when that might happen.”. In the latest example, PayPal Holdings Inc. on Tuesday added a new service called Instant Transfer to bank , with JPMorgan Chase & Co.

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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

Then came PayPal’s debut of Instant Transfer to Bank. This new feature, available to PayPal customers in good standing, leverages the company’s partnership with Chase, and Chase’s connection to The Clearing House’s RTP network, to move money instantly into the bank accounts of consumers and SMBs. A Couple of Important Dots.