- From: Anders Rundgren <anders.rundgren.net@gmail.com>
- Date: Sat, 19 Apr 2014 14:11:38 +0200
- To: Joseph Potvin <jpotvin@opman.ca>, Web Payments CG <public-webpayments@w3.org>
http://www.prnewswire.com/news-releases/nacha-to-demonstrate-project-actions-bank-centric-internet-payment-system-76055362.html This project failed. Their EU counterparts have had their versions of this running since 10-15 years back and it works pretty well although only on a national basis. Anders On 2014-04-19 13:56, Joseph Potvin wrote: > Useful info about NACHA: > http://www.metcapbank.com/2013_Corporate_Rules_and_Guidelines.pdf > > ~joseph > > On Fri, Apr 18, 2014 at 3:14 PM, Joseph Potvin <jpotvin@opman.ca> wrote: >> http://www.reuters.com/article/2014/04/17/us-walmart-euronet-idUSBREA3F1ZM20140417 >> >> A type of ACH (Automated Clearing House. >> https://www.walmartmoneycard.com/walmart/account/ach-bank-account >> >> That's the N.American formal terminology, but is known colloquially in >> the rest of the world as "Giro Accounts".) See the current plans for >> a national Giro in India: >> http://www.rbi.org.in/Scripts/PublicationReportDetails.aspx?UrlPage=&ID=701 >> >> The ACH Industry Standards are maintained via: >> North America: https://www.nacha.org/ >> EU: http://www.eacha.org/ >> However, "Beyond Europe and the US, the international ACH payments >> market is highly >> fragmented." Source: www.fpsc.com/DB/TreasuryPulse/PDF/Q310_article3.pdf >> >> Joseph Potvin >
Received on Saturday, 19 April 2014 12:12:17 UTC