The Clearing House Payments Company

The Clearing House Payments Company L.L.C.
Founded1853; 171 years ago (1853)
Area served
United States
ProductsCore payments system infrastructure
Websitewww.theclearinghouse.org

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 system (SVPCO), a clearing house, and a wholesale funds transfer system (CHIPS).[1]

  1. ^ Bernanke, Ben (April 14, 2011). Clearinghouses, Financial Stability and Financial Reform (Speech). Financial Markets Conference.