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Checkbook Teams Up with Event Management Platform Castifi

Posted by Checkbook on May 23, 2019

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FedNow vs RTP

RTP, launched by The Clearing House in 2017, provides a robust platform for real-time financial transactions, ensuring immediate fund transfers with 24/7 availability. FedNow, developed by the Federal Reserve, was launched in 2023 and provides an alternative rail for real-time payments by enabling broader participation among financial institutions.

What is Same Day ACH?

Same Day ACH transfers offer a payment solution within the Automated Clearing House (ACH) network, enabling banks to send and receive ACH files on the same business day. This reduces the traditional ACH processing time by up to 1 business day. If the regular ACH transaction would take 4 business days the same day ACH will take 3 business days for the funds to clear.

Checkbook & Synctera: Revolutionizing Payments Together

Checkbook Synctera Partnership

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