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Recurring payments for ACH

Schedule management API’s from FTM need to support configuring recurring payments for ACH.

There's currently only one payment type which allows recurrent which is Zelle. it won't work for ACH

  • Avatar32.5fb70cce7410889e661286fd7f1897de Guest
  • Oct 2 2020
  • Planning to Implement
Component Transaction Processing - Distribution
Priority Medium - Important
  • Attach files
  • Avatar40.8f183f721a2c86cd98fddbbe6dc46ec9
    Guest commented
    8 Oct 08:41pm

    pictures

  • Avatar40.8f183f721a2c86cd98fddbbe6dc46ec9
    Guest commented
    5 Oct 08:51pm

    adding frequencies and durations (10/5)

    Frequency
    Weekly

    Every two weeks

    Monthly

    Monthly by day

    Every three months (not supported) (this is currently a frequency option in mobile Transfers and OLB External Transfers – see attached screenshots)

    Annually (not supported) (this is currently a frequency option in mobile Transfers and OLB Internal Transfers – see attached screenshots)

    Duration

    When I cancel

    After a set number of transfers

    When I’ve transferred a certain amount (not supported) (OLB External Transfers has “up to a specified amount” as a duration option. Zelle also has “when I’ve paid a certain amount.”)

    After a certain date