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Direct Transact history
Direct Transact company history timeline
Another major step for the ACH Network was the federally mandated healthcare EFT standard, which took effect in 2014 and was enable by the Nacha Rules.
In October 2016 there were 3.8 million payments totaling $4.98 billion.
Phase two of Same Day ACH arrived in September 2017, allowing debits, which enabled the same-day processing of virtually any ACH payment.
In March 2020 the Same Day ACH dollar limit per transaction rose from $25,000 to $100,000.
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