ACH Network Volume Statistics

The ACH Network opened 2020 with a strong first quarter, as the number of payments rose 7.1% from a year earlier. The results were driven primarily through robust growth occurring prior to the slowdown of economic activity due to COVID-19.  There were 6.4 billion payments on the ACH Network in the first quarter of this year, an increase of 423 million from the same time in 2019. Volume consisted of 3.7 billion debits and 2.7 billion credits. The total value of those payments was $14.6 trillion, up 10.3% from a year earlier. 

Direct Deposits totaled 1.9 billion payments, an increase of nearly 4%. B2B payments increased 11.7% with 1 billion transactions. Other major transaction types include Healthcare claim payments, up 13.5% to 88.7 million, and P2P with 44.5 million transactions, a rise of 23.6%. Same Day ACH recorded 75 million payments in the first quarter, up 42% from a year earlier. 
 

2020 ACH Network Volume Statistics

Q1 2020 ACH Network Volume Statistics

Related content