An Overview
I’d like to take a few minutes to take a high-level look at how ACH payments are impacting other parts of the globe, outside of the United States. It’s interesting that there are both consistencies and inconsistencies in the same bag as to how these are handled and how these tie back to the challenges of international payments. First, a snapshot of just a few of the countries, their successes and challenges in the ACH realm. This page is a work in progress, so follow this blog or visit often for updates.
I know I’ve probably missed THE country that’s important to you, so I apologize in advance and encourage you to share your views and opinions in the comments of this article.
Africa
South Africa, Egypt, Libya
Asia
China, Japan, India
Australia
Australia, New Zealand
Central America
Ecuador
System Operator: The central bank serves as the operator of the ACH systems.
Volumes
Challenges
Costa Rica
System Operator: The central bank serves as the operator of the ACH systems.
Volumes
Challenges
Europe
Great Britain, France, Ireland, Spain, Italy
North America
Canada
System Operator: The central bank serves as the operator of the ACH systems.
Volumes
Challenges
Mexico
System Operator: The central bank serves as the operator of the ACH systems.
Volumes
Challenges
South America
Columbia
System Operator: The central bank serves as the operator of the ACH systems.
Volumes
Challenges
Venezuela
System Operator: The central bank serves as the operator of the ACH systems.
Volumes
Challenges
Payments Prospective 