Wow, this is oddly familiar. I wrote some software for my company to crunch tons of payment numbers on demand which eventually boil down to writing ACH files in plaintext and SFTPing them to SVB(although SVB really only processes them twice a day).
I'm pretty stoked Stripe is supporting ACH now as I have other products that customers would like to pay with ACH rather than credit. But I don't think the Stripe product just released will help send money from control accounts(and replace SVB origination), just accepting incoming ACH payments from customers to our own company accounts.
I'm pretty stoked Stripe is supporting ACH now as I have other products that customers would like to pay with ACH rather than credit. But I don't think the Stripe product just released will help send money from control accounts(and replace SVB origination), just accepting incoming ACH payments from customers to our own company accounts.