2009
Table Of Contents
- Contents
- Signing Up for Payflow ACH Payment Service
- About ACH Payments
- Summary of Authorization Requirements
- How Payflow ACH Payment Works
- ACH Payment Flow
- Timetable for a Typical ACH Payment
- Example of a Successful Business-to-Business Debit/Sale Payment
- Example of a Business-to-Business Sale/Debit Payment With a Customer Return Within Three Posting Days
- Example of a Business-to-Consumer Sale/Debit Payment With a Customer Return After Three Posting Days
- Example of a Successful Business-to-Consumer Credit Payment
- Example of a Business-to-Consumer Credit Payment With a Customer Side Return
- ACH Payment Types
- Retrying Returned Payments
- Notifications of Change
- Using PayPal Manager to Perform ACH Payments
- Using the Payflow Pro SDK to Perform ACH Payments
- Testing ACH Payments Using the Payflow SDK
- Responses to ACH Payment Requests
- Index
Payflow ACH Payment Service Guide 13
About ACH Payments
How Does ACH Work?
2
Schedule of Submission for Settlement
Because the ACH network operates only on banking days (not on banking holidays), PayPal
settles at 7 p.m. the night before each banking day: Sunday, Monday, Tuesday, Wednesday,
and Thursday at 7 p.m.
Payments submitted Thursday after 7 p.m. are not sent for settlement until Sunday at 7 p.m. If
Monday is a banking holiday, then payments are sent for settlement on Monday at 7 p.m.
If a payment is unsuccessful (for reasons such as a bad bank account number, insufficient
funds, a dispute, and so on), PayPal gets a return from the ACH network—usually within 2-4
business days of payment submission.
For Business-to-Business transactions, a business has two days to dispute a charge. For
Business-to-Consumer, the consumer can dispute a charge up to 60 days after the payment was
processed. Disputes are resolved through returns.