Electronic Payments Network
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The Electronic Payments Network (EPN) is an electronic
clearing house Clearing house or Clearinghouse may refer to: Banking and finance * Clearing house (finance) * Automated clearing house * ACH Network, an electronic network for financial transactions in the U.S. * Bankers' clearing house * Cheque clearing * Cl ...
that provides functions similar to those provided by Federal Reserve banks. The Electronic Payments Network is the only private-sector operator in the
ACH Network In the United States, the ACH Network is the national automated clearing house (ACH) for electronic funds transfers established in the 1960s and 1970s. It processes financial transactions for consumers, businesses, and federal, state, and loca ...
in the United States. The EPN is operated by
The Clearing House Payments Company The Clearing House Payments Company L.L.C. (PayCo) is a U.S.-based limited liability company formed by Clearing House Association. PayCo is a private sector, payment system infrastructure that operates an electronic check clearing and settlement sy ...
. Investopedia , Electronic Payments Network (EPN)
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See also

* ACH *
FedACH FedACH is the Federal Reserve Banks' automated clearing house (ACH) service. In 2007, FedACH processed about 37 million transactions per day with an average aggregate value of about $58 billion. For comparison, Fedwire processed about 537,000 trans ...
*
Clearing House Interbank Payments System The Clearing House Interbank Payments System (CHIPS) is a United States private clearing house for large-value transactions. By 2015, it was settling well over US$1.5 trillion a day in around 250,000 interbank payments in cross border and domestic ...
(CHIPS) *
Fedwire Fedwire (formerly known as the Federal Reserve Wire Network) is a real-time gross settlement funds transfer system operated by the United States Federal Reserve Banks that allows financial institutions to electronically transfer funds between its ...
*
Universal Payment Identification Code A Universal Payment Identification Code (UPIC) is an identifier (or banking address) for a Bank account statement, bank account in the United States used to receive electronic credit payments. A UPIC acts exactly like a US bank account number and p ...
(UPIC)


References


External links


Official website
Banking terms Interbank networks Financial services companies based in New York City {{US-bank-stub