Nacha News

Nacha creates broadly adopted payment and financial messaging rules and standards through consensus-led governance, international collaboration, and innovative development practices. We continually advance the ubiquitous ACH Network and engage diverse stakeholders to accelerate a digital future of global financial services interoperability.

ACH Network Sees Highest Quarterly Growth in 11 Years

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Same Day ACH Volume Jumps 46%

HERNDON, Va., July 11, 2019 – The ACH Network saw its highest quarterly growth rate in more than a decade during the second quarter of 2019.

Volume rose 7.7% over the same period in 2018, marking the ACH Network’s biggest quarterly increase since the third quarter of 2008, as measured on a processing-day basis.

Second quarter ACH volume totaled more than 6.1 billion payments, with 3.55 billion debits and 2.55 billion credits. Healthcare claim payments and internet-initiated payments each saw a 13% increase, to 86.7 million and 1.6 billion, respectively. Business-to-business (B2B) payments were up 12% to 995 million, while person-to-person (P2P) payments saw a 20% increase to 35.2 million.

At the halfway point for this year, the ACH Network has experienced a 6.7% volume increase compared to the first half of last year. 

Same Day ACH credit and debit volume soared in the second quarter of 2019, with 59.8 million payments, a 46% increase from a year earlier. 

“With quarterly growth experiencing its greatest increase in 11 years, there can be no doubt that the ACH Network is strong and vibrant,” said Nacha President and CEO Jane Larimer. “The next set of enhancements to Same Day ACH will begin in the third quarter, positioning the ACH Network to meet the nation’s ever increasing needs for efficient and faster electronic payments.”

An infographic with second quarter results is available for download as a PDF.

Image of 2nd Quarter 2019 Infographic