Production Release Notes – Enforcing ACH Classification (AN_ACHCLS_V1)
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Release Date
Categories
Overview
- Release date: November 27, 2024
- Release status: Deployed to PROD
- Source pages: ANDDONE-ALL RELEASE NOTES.pdf pp. 189–189
References
- AN_ACHCLS_V1
Original release notes excerpt
Production Release Notes – Enforcing ACH Classification (AN_ACHCLS_V1)
Production Release: Enforcing ACH Classification (AN_ACHCLS_V1)
Release Date: 27"" Nov 2024
Release Status: Deployed to PROD
AndDone introduces the ACH Classification Enforcement feature for shopper facing Payment
Acceptance Channels. This will ensure that ACH transactions are correctly categorized (e.g.,
Personal or Business Account relationship type and Checking or Savings account type for ACH
Payments) at the point of initiation. This feature enhances compliance with NACHA rules,
reduces chargebacks due to misclassified transactions, and improves the overall payment
experience for shoppers and merchants alike,
Key Features and Updates
User Interface Enhancements
Source: Compiled internal release notes PDF (ANDDONE-ALL RELEASE NOTES.pdf), pages 189–189.
