The Clearing House (TCH) is operating under its Pandemic Plan in response to the Coronavirus (COVID-19) pandemic and TCH’s payments systems continue to run without interruption. TCH has implemented a range of measures to provide for the wellness of our employees and to ensure the smooth and safe functioning of the payment systems infrastructure we operate.
TCH’s payment systems are currently processing CARES Act (stimulus) payments in addition to our normal payment volumes. The CARES Act payments, which are expected to total approximately 160 million transactions, began in mid-April and will continue to be processed throughout the next several months.
As the situation relating to the COVID-19 pandemic continues to evolve, we are engaged in ongoing monitoring of conditions and will continue to update our pandemic response planning as necessary to ensure ongoing business continuity.