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Comment by chimeracoder

3 years ago

> Most ACH transactions will likely move over to FedNow as it's implemented... fed now is just faster and settled instantly, while ACH takes a couple days to settle.

FedNow is more of an extension to ACH than a replacement for it.

Same-day ACH also exists, although it's relatively new. FedNow is faster than same-day ACH though.

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