When Crisis Struck, Direct Deposit Delivered for Americans

EIP Timeline

Direct Deposit Delivers As the coronavirus pandemic raged across the country, the U.S. government turned to Direct Deposit to deliver millions of stimulus payments to Americans. On April 15, 2020, exactly as the IRS instructed, 81 million Americans woke up to find their stimulus payments safely in their bank accounts thanks to Direct Deposit. Ultimately, the IRS would authorize over 120 million payments via Direct Deposit.

In December 2020, Congress approved a second round of stimulus payments. The ACH Network delivered more the 100 million payments via Direct Deposit on January 4, 2021 – the date selected by the IRS.

Direct Deposit is proven, fast and secure, ensuring that federal benefits and government assistance are delivered on-time, every time, even in the face of unprecedented crises. Whether it's Social Security payments, veterans benefits, IRS refunds or stimulus payments, the federal government has a long and successful track record using Direct Deposit.

Direct Deposit delivered for Americans when they needed it most, and it stands ready to serve them again.


Myth Busters

Recently, there have been mischaracterizations and inaccuracies in news reports and commentary regarding the delivery of government emergency assistance to consumers. This document works to set the record straight.


Op/Ed by Jane Larimer

An unprecedented 81 million stimulus payments were delivered in a single day, on time, exactly as the IRS instructed. That’s the industrial strength of today’s ACH Network. 

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ACH Delivered

In a recent interview with PaymentsJournal, Nacha’s Jane Larimer discusses how the ACH Network delivered stimulus payments on time.


EIP Timeline Flyer

Learn the chronology of how the EIP payments were made and how many were made by Direct Deposit.