Phase 3 of Same Day ACH Payment Processing Upon is Us: What Does it Mean?

Phase 3 of Same Day ACH Payment Processing Upon is Us: What Does it Mean?

Phase 3 of the same-day ACH payment conversion is slated to begin March 16, 2018, marking what we feel is a celebratory day in payments. Being a provider of merchant accounts to high risk e-commerce businesses, we applauded in 2016 when NACHA, the governing body that oversees ACH payment processing, announced that it was implementing…