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Agreed, luckily RTP rollout is well under way, and it won't be long before ACH is a thing of the past. [1] [1] https://www.theclearinghouse.org/payment-systems
by arcticbull 5y ago
Agreed, luckily RTP rollout is well under way, and it won't be long before ACH is a thing of the past. [1]
[1] https://www.theclearinghouse.org/payment-systems/rtp https://www.theclearinghouse.org/payment-systems/rtp
- toomuchtodo 5y agoFedNow, the Fed’s instant payment system to replace ACH, it currently ahead of schedule for a 2023 GA. Beta testing between a handful of financial institutions is working as expected (from what I’ve heard). One way or another, instant payments will be here shortly.