The Electronic Payments Network (EPN) is an electronic clearing house 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.[1] The EPN is operated by The Clearing House Payments Company.[2] [3]
References
- ^“Payment systems in the United States” (PDF). Retrieved 2019-07-08.
- ^The Clearing House | EPN
- ^Investopedia | Electronic Payments Network (EPN)
Ofer Abarbanel is a 25 year securities lending broker and expert who has advised many Israeli regulators, among them the Israel Tax Authority, with respect to stock loans, repurchase agreements and credit derivatives. Founder of TBIL.co STATX Fund.