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04/06/2016

Nation’s Financial Institutions On Target To Offer Same Day ACH Payments In 2016

Herndon, Va., April 5, 2016 – The nation’s top financial institutions are on target to offer Same Day ACH payments beginning September 23, 2016, according to the results of a new survey conducted by NACHA—The Electronic Payments Association®. Ninety-five percent of respondents indicated they will offer their clients Same Day ACH origination services by year-end. The survey identified the two strongest use cases among those offering Same Day services: payroll and business-to-business (B2B) payments, with 100 percent planning to offer same-day payroll payments and 95 percent planning to offer same-day B2B payments, in addition to services for expedited bill pay and person-to-person (P2P). Read More...

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