Same day ACH: moving payments faster in the USA

Re:Same day ACH: moving payments faster in the USA by Animats on Friday August 25, 2017 @07:41PM (#15103133)

Try to get anything out of a Bitcoin exchange in 10 minutes.

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Re:Same day ACH: moving payments faster in the USA by andirk on Friday August 25, 2017 @09:33PM (#15103589)

To fiat that'll take a while, but moving it around the space cash world is often very quick, on GDAX anyways.

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Re:Same day ACH: moving payments faster in the USA by mhluongo on Friday August 25, 2017 @07:51PM (#15103190)

I do it for a living.

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Re:Same day ACH: moving payments faster in the USA by zaroth on Saturday August 26, 2017 @12:18AM (#15104033)

How do you query the card balance and transfer the funds? Do you actually get cash out of the card, or do you have to resell it as a store credit to someone else?

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Re:Same day ACH: moving payments faster in the USA by mhluongo on Saturday August 26, 2017 @01:27AM (#15104212)

Long story, and it very much depends on the brand. Re: cashing out, we do both transfers and resale, depending on the user risk profile.

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