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The holidays are still a few weeks out, but the cause for celebration came a little early for Same Day ACH. During October, the 2 billionth Same Day ACH payment was processed. It’s an impressive milestone for the faster payment method that debuted in …
HERNDON, Virginia , April 17, 2023 – The ACH Network began 2023 with solid growth in the first quarter, particularly in Same Day ACH where payment dollar values nearly doubled from a year earlier. A total of 7.7 billion payments valued at $19.7 trillion …
March 2023 marked the 5-year anniversary of the effective date of Phase 3 of the original Same Day ACH rules. Those rules provide for a review of the amount of the Same Day ACH fee as of this 5-year date. The original projection of cumulative Same Day ACH …
HERNDON, Virginia , July 25, 2023 – The use of Same Day ACH payments grew significantly in the first half of 2023, powering the modern ACH Network to help meet the nation’s needs for faster payments, Nacha reported today. For the first half of 2023, the …
HERNDON, Virginia , Oct. 17, 2023 – Ongoing adoption of Same Day ACH and the continued increase in business-to-business (B2B) payments led the ACH Network to robust results in the third quarter of 2023. There were 212 million Same Day ACH payments with a …
HERNDON, Va., March 18, 2022 – Same Day ACH enters a new era today as the per payment limit increases to $1 million. “The growth of Same Day ACH in just over five years has been phenomenal as the payments community has welcomed this faster payment …
NASHVILLE, Tennessee —Same Day ACH might have started out like a tuxedo, but today it’s more like a pair of comfortable jeans. “We don’t need special occasions” to use Same Day ACH, said Joe W. Hussey, Managing Director at J.P. Morgan and Chair of the …
HERNDON, Virginia , Aug. 2, 2022 – The ACH Network moved 7.5 billion payments in the second quarter of 2022, led by growth in Same Day ACH and business-to-business (B2B) payments. This quarter was the first in which the Same Day ACH dollar limit was $1 …
RESTON, Virginia , Oct. 17, 2024 – Same Day ACH volume soared 67.5% in the third quarter of 2024, and total ACH Network payment volume rose 7.4% from a year earlier, new figures from Nacha showed. There were 355.2 million Same Day ACH payments in the …
Same Day ACH payments can be used for a wide range of transactions, from paying bills to receiving payments of up to $1 million and can be processed in just a few hours. Unique to Same Day ACH among faster payment methods is the ability to reach virtually …
HERNDON, Virginia, April 23, 2024 – A 47% increase in Same Day ACH volume helped lead the way as the ACH Network began 2024 by handling 8.2 billion payments in the first quarter. There were 273.7 million Same Day ACH payments in the first quarter. The …
RESTON, Virginia , Jan. 30, 2025 – Led by phenomenal growth in Same Day ACH, Nacha reported across-the-board gains in ACH payments volume and value in 2024. Same Day ACH payment volume topped the 1 billion mark, with more than 1.2 billion payments for the …