Automated Clearing House
by ProgressSoft · Payments · Amman, Jordan
ACH clearing system
What Automated Clearing House is used for
- Clear direct debit and direct credit payments between financial institutions
- Manage participant financial institutions and their status
- Define and schedule clearing sessions for business days
- Set participant debit cap and payment item limits
- Define charges and penalties for participant financial institutions
About ProgressSoft
Real-time payments, clearing and digital payment solutions, including instant payments, RTGS, ACH and digital wallets.
ProgressSoft in the vendor registry: its products, features and similar vendors.
Also by ProgressSoft
- Instant Payments: Instant payment systems for central banks and schemes
- Real-Time Gross Settlement System: RTGS for central banks
- Electronic Check Clearing: Cheque imaging and clearing
- Payments Hub: Bank payments hub
- Digital Wallet: Digital wallet platform
More in this category: Payments software and infrastructure.
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