The long-awaited upgrade and expansion of the real time payment system Automated Clearing House (ACH), will roll out in two months, says Minister in the Ministry of Finance Ryan Straughn.Straughn said that Government was doing all it could to advance the island into the digital age and the introduction of this system was one of the key parts of the plan.He made this disclosure on Monday during a press conference at State House, Government Hill, St Michael.He said “In January 2019 I met with all of the financial institutions who participate in the payment system and they have all been able now to complete their testing with respect to the upgrade of the real time ACH . . . While they assured me that they did not want to introduce new technology during the Christmas season, they have agreed to be able to launch that in February 2023.
