ACHNow

Unlock 100% Instant ACH Coverage — Instantly Settle 100% of Your ACH Transactions

Welcome to a World Where Waiting for ACH is a Thing of the Past

At Sila, we’ve reimagined the pace and efficiency of financial transactions. Say goodbye to the days of delayed ACH and welcome an era of instant ACH settlement for 100% of your transactions.

Gain unparalleled access to the world of instant payment rails, connecting seamlessly to the Automated Clearing House and The Federal Reserve. Our solution offers you the advantage of utilizing a diverse array of payment services, including Real-Time Payments (RTP), FedNow, and Sila Instant Settlement, expanding your ACH transaction capabilities significantly.

Eliminate the concerns about adoption rates and the complexity of building FedNow and RTP integrations. Leverage our API to enhance your transaction speed, reliability, and user satisfaction. By integrating with our solution, you’re not just accessing a payment system; you’re investing in a future where your payment processes are streamlined, secure, and aligned with the latest in financial technology.

ACHNow Lookup Tool

Discover if your bank supports ACHNow with our easy-to-use Sila Routing Number Checker. This powerful tool helps you quickly determine ACHNow compatibility, ensuring seamless and efficient financial transactions.

Try it now --->

Add Every Instant Payment Rail

Leave behind the worries of adoption rates and the task of building RTP and FedNow integrations. With Sila, your payment coverage expands as bank adoption rates increase. We take care of the complexities, allowing you to focus on what matters most—your business.

No API? No Problem

Simply send your flat file to Sila, and we'll handle the rest. Our streamlined process ensures a hassle-free experience, empowering you to make the most of our powerful API without the need for extensive technical knowledge.

Always On to Reduce the Risk

100% ACH Coverage

ACHNow ensures immediate processing for all your ACH transactions, offering 100% instant ACH coverage and unmatched speed, unlike other solutions that only handle 40%.

Push/Pull (Request for Payment) Capabilities

ACH Pulls are challenging. ACHNow utilizes the latest in RfP technology to simplify and efficiently collect payments immediately.

Elevate Your Settlement Speed,
Minimize Risk

Supercharge your ACH transactions by entrusting them to Sila. Our advanced solution optimizes each payment with a proprietary algorithm utilizing machine learning, directing it through the most efficient and cost-effective rail, ensuring settlement within seconds.

With guaranteed settlement for ACH payments via FedNow and RTP, Sila removes chargeback risks, providing a secure and reliable transaction.

Instant Settlement, Every Time

If RTP and FedNow do not provide coverage of your ACH transactions, then Sila’s Instant Settlement product will process the transaction instantly

Transfer balance

Effortless Integration

Say goodbye to worries about intricate integrations with RTP and FedNow. Sila takes care of all the processing on your behalf—just supply us with your NACHA file, and let us handle the rest.

Ask Us Anything About ACHNow

What is ACHNow and how does it work?

ACHNow is an orchestration layer that intelligently routes ACH transactions onto the instant rails of Real-Time Payments (RTP), FedNow or Sila’s Instant Settlement product.

Where is ACHNow available?

ACHNow is available in the United States.

Is this RTP or FedNow?

ACHNow utilizes both RTP and FedNow.

Do I need to choose between RTP or FedNow?

No, ACHNow provides your business with access to both RTP and FedNow via a single API. You don’t need to be concerned about which instant rail is growing faster and deploy your engineering resources because Sila has already completed all the work for you.

Does ACHNow push and pull payments?

Yes, ACHNow supports both push and pull (request for payment) options.

How long does it take to get ACHNow up and running?

The answer to this question is quite subjective as it would depend upon the skill level of your software engineer and the amount of time provided to the integration. On average, this is a 1-week integration process. API documentation can be found here.

Do I need a Money Transmitter Licenses?

Sila is an agent of our two sponsor banks and this arrangement allows us to utilize their bank charter, which precludes our customers from needing money transmitter licenses (MTLs).

Can I get a demo to see how it works?

Yes, we are proud of ACHNow and would love to provide a live demonstration. Just click here to schedule your demo.

How does ACHNow pricing compare to wires?

Share your estimated ACH volumes, and Sila will create bespoke pricing that best suits your use case. Current customers are seeing as much as 80% savings versus wires.

The services that SILA provides are mission-critical and you need a strong partner to not only solve problems today, but a partner you can trust to have the foresight to build for the future.

— Seni T
CEO Edge Markets