Operation Bulletin, PayPal and Same Day ACH

NACHA Postpones Same-Day ACH Window Due To Fed Board

PYMNTS

MARCH 13, 2019

NACHA, national administrator of the ACH network, said a third processing window for same-day transactions will be postponed for six months until the Federal Reserve Board of Governors (Fed Board) approves the initiative. In the latest example, PayPal Holdings Inc. ET (1:45 p.m. and The Clearing House as partners.”.

Same Day ACH

Same Day ACH NACHA ACH Fed

Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

MARCH 18, 2019

First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. Then came PayPal’s debut of Instant Transfer to Bank. See PayPal and Hyperwallet – and RTP via Chase. A Couple of Important Dots.

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NACHA Postpones Same-Day ACH Window Due To Fed Board

Faster Payments: Does The Fed Have A Hidden Agenda?

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