Most of us are familiar with ACH transactions, those financial electronic interactions that can be either in the form of a debit or credit and commonly include direct deposit of payroll, government and Social Security benefits, mortgage and bill payments, online banking payments, person-to-person or business-to-business payments, to name a few.
To ensure these transactions occur smoothly and securely, NACHA, the Electronic Payments Association and the administrator for the ACH network, oversees the network and works directly with financial and other institutions.
Although ACH payments have become ubiquitous to fast electronic payments, beginning September 23, ACH payments will be taken up a notch with the launch of Same Day ACH. This new capability will allow businesses and consumers to send ACH payments during the same day and offers a variety of advantages over standard next-day ACH payments.
To ensure organizations are equipped to take advantage of everything Same Day ACH has to offer, NACHA will host an information-filled webinar on Tuesday, July 26 2016 at 1:30 PM EST.
During this webinar, panelists representing very well know organizations in the areas of media, insurance and consumer goods, will offer their perspectives on the benefits and considerations for a range of payables and receivables processes. Businesses, financial institutions and related payment providers should attend in order to best to understand the opportunities and implementation essentials.
Tuesday, July 26, 2016, 1:30 PM EST
How to Register:
Register on the NACHA website by going here.