The National Automated Clearing House Association (NACHA), the governing body for ACH, has from time to time rolled out new features to broaden ACH’s appeal across channels, most recently faster, same-day transaction processing services. Mercator Advisory Group’s latest research report, Same-Day ACH Debit’s Debut, examines the impact that Same Day ACH (SDA) is having on the payments market.
“ACH, a stalwart among payment types, has again created greater utility by adding a new feature, namely faster transaction processing options. How Same Day ACH fits in among other types of more rapid payment options and how relative market pricing evolves will be critical to users and providers,” commented Sarah Grotta, Director, Debit Advisory Service at Mercator Advisory Group, author of the report.
This report has 13 pages and 3 exhibits.