Topic

Domestic Payment Schemes

34 questions
Will a bank allow you to deposit money into another person’s bank account without their involvement? Jan 4, 2020 Domestic Payment Rails, National Switches and Clearing Systems How can ACH be used to move money between a customer’s own checking and savings or investment accounts? Apr 5, 2017 Domestic Payment Rails, National Switches and Clearing Systems What stops banks from processing electronic transactions on weekends and public holidays? May 4, 2016 Domestic Payment Rails, National Switches and Clearing Systems Is there a way to let users transfer money to each other directly from their bank accounts inside my app? Apr 12, 2016 Domestic Payment Rails, National Switches and Clearing Systems In Canada, what’s the best API-based way to send money besides PayPal? Mar 2, 2016 Domestic Payment Rails, National Switches and Clearing Systems What influence do banks have over the creation of new ACH-style networks by startups and large corporations? Feb 11, 2016 Domestic Payment Rails, National Switches and Clearing Systems Why does U.S. banking appear relatively outdated compared with other countries? Feb 1, 2016 Domestic Payment Rails, National Switches and Clearing Systems Why does it take several business days to move money electronically between two U.S. banks? Jan 5, 2016 Domestic Payment Rails, National Switches and Clearing Systems What does a domestic wire transfer actually cost a bank to execute behind the scenes? Jun 12, 2015 Domestic Payment Rails, National Switches and Clearing Systems Which Pakistani banks provide free interbank fund transfers through online banking? Jun 7, 2015 Domestic Payment Rails, National Switches and Clearing Systems The UK Faster Payments website says around 400 payment service providers access the system indirectly via sponsor banks—who are these providers and what level of access/service do they get? Feb 8, 2015 Domestic Payment Rails, National Switches and Clearing Systems What exactly is involved in Check 21 processing services? Feb 7, 2015 Domestic Payment Rails, National Switches and Clearing Systems Online Banking: What happens if you accidentally deposit money into the wrong account? Feb 7, 2015 Domestic Payment Rails, National Switches and Clearing Systems Can funds sent to the wrong account via NEFT/RTGS be reversed? Feb 7, 2015 Domestic Payment Rails, National Switches and Clearing Systems What is the fastest and cheapest way to send money to someone in another U.S. state, excluding MoneyGram or Western Union—perhaps via a bank? Feb 2, 2015 Domestic Payment Rails, National Switches and Clearing Systems Why don’t developed countries like the U.S., U.K., and Australia have instant interbank transfers? Feb 1, 2015 Domestic Payment Rails, National Switches and Clearing Systems In the U.S., which common payment, wire, banking, card, or check problems should technology realistically eliminate within a year? Nov 3, 2014 Domestic Payment Rails, National Switches and Clearing Systems Since ACH and card payments can be reversed or charged back, is there any electronic payment method in the U.S. that is truly irreversible? Oct 9, 2014 Domestic Payment Rails, National Switches and Clearing Systems What electronic payment options are available for businesses in Canada? May 6, 2014 Domestic Payment Rails, National Switches and Clearing Systems How can Dwolla persuade banks when banks earn more revenue from debit card transactions? Jan 2, 2014 Domestic Payment Rails, National Switches and Clearing Systems How does an app enable transfers between two different bank accounts? Aug 11, 2013 Domestic Payment Rails, National Switches and Clearing Systems Which company or API can assist with enabling ACH deposits into mutual funds? Jul 6, 2013 Domestic Payment Rails, National Switches and Clearing Systems Which company or API can facilitate ACH deposits into mutual funds? Jul 6, 2013 Domestic Payment Rails, National Switches and Clearing Systems Economic Policy: Why might a country choose its own domestic card network instead of relying on Maestro/Mastercard or Visa? Jun 6, 2013 Domestic Payment Rails, National Switches and Clearing Systems Why would a country build its own card payment provider instead of using Visa/Mastercard/Maestro? Jun 6, 2013 Domestic Payment Rails, National Switches and Clearing Systems Would banks invest in new payment rails if it allowed them to dominate digital payments like they dominate card networks? Mar 1, 2013 Domestic Payment Rails, National Switches and Clearing Systems Why isn’t a Dwolla-style bank transfer system available in the UK? Oct 11, 2012 Domestic Payment Rails, National Switches and Clearing Systems How much time does Wells Fargo require to move funds between two different accounts? Sep 12, 2012 Domestic Payment Rails, National Switches and Clearing Systems Can BACS payments between UK banks be reversed after showing in the recipient’s account? Jul 9, 2012 Domestic Payment Rails, National Switches and Clearing Systems What beneficiary details are required to send money using the ACH system? Jul 9, 2012 Domestic Payment Rails, National Switches and Clearing Systems Can a BACS payment between UK bank accounts be reversed after it appears in the recipient’s account? Jul 9, 2012 Domestic Payment Rails, National Switches and Clearing Systems Why is it not possible to electronically transfer funds between banks in the U.S.? Mar 3, 2012 Domestic Payment Rails, National Switches and Clearing Systems Why isn’t it possible to instantly transfer funds online between US bank accounts? Mar 3, 2012 Domestic Payment Rails, National Switches and Clearing Systems What is NetPayment, and how does it differ from ACH? Feb 9, 2012 Domestic Payment Rails, National Switches and Clearing Systems