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Pandemic Payments and the Use of the ACH Network

Payments SmartCast

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Smooth Process and Benefits of Same-Day ACH Payments

This chapter highlights the smooth process of creating payments using the ACH network and the benefits it provided to communities, particularly during the start of the school year. The speakers emphasize the importance of same-day ACH in providing immediate access to funds and discuss the positive impact of timely payments, including the increasing utilization of same-day ACH by the IRS. The chapter also poses a question about potential complications in processing Child Tax Credit payments during tax filing season.

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