Trustly has found that merchants’ desire to provide instant payouts to their customers is driving demand for its Real-Time Payments (RTP) service. Due in part to this demand, Trustly has become one of the largest originators on the RTP network, the company said in a Wednesday (Dec....
Four days from today, the Federal Reserve’s instant account-to-account payments rail will go live. FedNow’s launch on July 20 will bring the number of real-time rails in the U.S. to two. The first real-time rail to go live was RTP®, operated by The Clearing House,...
The dollar value of payments made by Same Day ACH have nearly doubled compared to a year ago. During the first quarter, the value of these same-day payments leapt about 95% year over year to $565.3 billion and the number of payments increased about 21%...
Nacha’s Same Day ACH has raised its per payment limit to $1 million on Friday (March 18), a press release said. The new threshold, up from $100,000, should create new use cases, and expand existing ones, including vendor and supplier payments for businesses, insurance claims,...
December 10, 2020
Consumers and microbusinesses have access to many disbursement options, yet they receive a significant share through legacy methods such as paper checks or digital methods that are non-instant. This is despite the fact that these consumers and microbusinesses on the receiving end value faster access to funds and want them to arrive on the same […]
November 27, 2018
There’s no denying it: Customers want quick — even instant — access to funds that are rightfully theirs, which means payments are moving in and out of businesses at an...
September 05, 2018
The disquieting statistic that every potential entrepreneur must consider before deciding to take the plunge and starting their own small business (SMB) is that half of all small businesses fail in...
August 14, 2018
Nearly two years after its launch, Same Day ACH (SDA) credits are being used by nearly half of businesses and government agencies (that’s not bad for the only ubiquitous faster...
February 14, 2024
Same Day ACH and B2B payments on the ACH Network each saw double-digit growth in volume in 2023. These segments made these gains during a year in which the ACH Network overall saw payment volume rise 4.8% compared to 2022, according to a Wednesday (Feb. 14) press release from Nacha, which governs the ACH Network. In addition, payment […]
December 13, 2023
Trustly has found that merchants’ desire to provide instant payouts to their customers is driving demand for its Real-Time Payments (RTP) service. Due in part to this demand, Trustly has become...
April 17, 2023
The dollar value of payments made by Same Day ACH have nearly doubled compared to a year ago. During the first quarter, the value of these same-day payments leapt about...
March 18, 2022
Nacha’s Same Day ACH has raised its per payment limit to $1 million on Friday (March 18), a press release said. The new threshold, up from $100,000, should create new...
