Re:Why Bitcoin Can't Help the Poorest, Yet
by CyberDildonics on Thursday January 14, 2016 @11:13AM
(#10902232)
From wikipedia:
> Businesses increasingly use ACH online to have customers pay, rather than via credit or debit cards.[citation needed]
> Rules and regulations that govern the ACH network are established by NACHA and the Federal Reserve. In 2013, this network processed nearly 22 billion ACH transactions with a total value of $38.7 trillion.[1] Credit card payments are handled by separate networks.
> Businesses increasingly use ACH online to have customers pay, rather than via credit or debit cards.[citation needed]
> Rules and regulations that govern the ACH network are established by NACHA and the Federal Reserve. In 2013, this network processed nearly 22 billion ACH transactions with a total value of $38.7 trillion.[1] Credit card payments are handled by separate networks.