A Look at Same Day ACH
Over on PaymentsViews.com, Glenbrook's Carol Coye Benson writes about the Same Day ACH session at this week's Association for Finance Professionals conference in San Francisco.
Carol writes: "The same day ACH proposal has most typically been talked about as a service which will apply to check conversion transactions – to enable electronics to clear as fast as paper would (don’t you love that). But I had not realized before that the Fed is also talking about this applying to WEB transactions. This would mean all those alternative-payment schemes for eCommerce could clear faster than card transactions!" Click to read more!
Add your comment... (note that all comments are reviewed before they're published)