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September 30, 2020
1:00PM - 2:00PM

Same Day ACH Meets the Needs and Then Some

Complimentary Online Event

September 30, 2020
1:00pm - 2:00pm CT
Complimentary Online Event

As the industry moves towards payments with faster settlement, Nacha has made enhancements to same day processing rules that have direct end-user impact. In March 2020 the transaction dollar limit was raised to $100,000 per entry, and the average dollar amount of a same-day payment rose by 33%. In March 2021 ACH Network participants will have 2 additional hours every day for sending Same Day ACH payments. Both enhancements increase the accessibility of Same Day ACH.

Since its inception more than 700 million Same Day ACH payments have been made. Beginning in July 2019 more than 1 million Same Day ACH payments are made every day and the volume continues to grow. The biggest driver has been Direct Deposit and other consumer disbursements, but 2019 and 2020 are showing phenomenal growth of Same Day ACH for B2B payments.

Attendees will learn the scope and impact of the changes to Same Day ACH (including the impacts for end-users of the ACH); the most common, and some surprising, use cases for Same Day ACH payments; best practices for implementation and pitfalls to avoid; and insights into the future roadmap of Same Day ACH.

Speakers

Debbie Barr, AAP, CTP
Senior Director, ACH Network Rules Process
Nacha

Amy K. Morris
Senior Director, ACH Network Rules
Nacha

1.2 AAP/APRP Continuing Education Credits

Register Now!

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Add to Calendar aCLuDhaqizCaPxAftmqF167204 09/30/2020 01:00 PM 09/30/2020 02:00 PM false Same Day ACH Meets the Needs and Then Some September 30, 20201:00pm - 2:00pm CTComplimentary Online Event As the industry moves towards payments with faster settlement, Nacha has made enhancements to same day processing rules that have direct end-user impact. In March 2020 the transaction dollar limit was raised to $100,000 per entry, and the average dollar amount of a same-day payment rose by 33%. In March 2021 ACH Network participants will have 2 additional hours every day for sending Same Day ACH payments. Both enhancements increase the accessibility of Same Day ACH. Since its inception more than 700 million Same Day ACH payments have been made. Beginning in July 2019 more than 1 million Same Day ACH payments are made every day and the volume continues to grow. The biggest driver has been Direct Deposit and other consumer disbursements, but 2019 and 2020 are showing phenomenal growth of Same Day ACH for B2B payments. Attendees will learn the scope and impact of the changes to Same Day ACH (including the impacts for end-users of the ACH); the most common, and some surprising, use cases for Same Day ACH payments; best practices for implementation and pitfalls to avoid; and insights into the future roadmap of Same Day ACH. Speakers Debbie Barr, AAP, CTPSenior Director, ACH Network Rules ProcessNacha Amy K. MorrisSenior Director, ACH Network RulesNacha 1.2 AAP/APRP Continuing Education Credits Register Now! ----