Product Updates & Status,

Production Release Notes – Enforcing ACH Classification (AN_ACHCLS_V1)

Tags:

Stay Up-to-Date with AndDone Status!

Lorem ipsum dolor sit amet. Nibh ultricies senectus sed faucibus.

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.