As the pandemic winds down, both consumers and merchants are beginning to figure out what the “new normal” will be. This is especially true for the way they interact with money. People are paying at the register with their phones, and merchants are accepting alternative payment methods. The shift to digital payments has seen exponential growth, and an impressive number of those payments are transacted via the ACH Network.
In a recent podcast interview with PaymentsJournal, Nacha’s Michael Herd discusses the growth of the ACH Network, especially during the pandemic period, as well as what’s new and up-and-coming for the payments powerhouse.
To learn more, read the article or listen to the podcast.
Listen to previous ACH podcasts on:
- ACH growth areas—including donation payments, healthcare payments, and subscription payments.
- the “new normal” of ACH payments and what the future of the payments industry will look like for both businesses and consumers.
- how and why Same Day ACH volumes have been growing and what use cases Nacha’s faster payment option supports.
- how the ACH Network performed in the first half of 2020.