Blog articles from PayPrin offering observations, insight and our perspective of various payments industry topics including important changes for online commerce merchants.
Great news for merchants who accept ACH as a payment method. NACHA has just announced a new ACH settlement plan, which will allow ACH transactions to settle in the same day. This is a very big change for NACHA.
The organization announced on Tuesday, March 18 that it will use a phased approach in rolling out a same-day settlement solution for ACH. Currently, ACH is, at best, a single, next-day settlement payment solution. NACHA is in the process of implementing steps that will change this to be a multiple, same-day settlement solution.
Is it just us or does anyone else notice that High-Risk Merchant Accounts Experts are, well, everywhere nowadays? An expert is supposed to be a person who has a comprehensive and authoritative knowledge in a particular area, but we’d swear;