Same Day ACH Resource Center

147 results

ACH Network Volume Climbs 8.9% in Fourth Quarter

January 21, 2021
ACH Growth Gets Boost from Stimulus Payments and Shift from Checks Strong growth continued on the ACH Network in the final quarter of 2020, with 7 billion payments made, an increase of nearly 9% from a year earlier. Combined with data on check payments, the results show the dramatic impact of the pandemic on the use of payments by Americans, businesses and government agencies compared to a year ago, before the pandemic had significantly impacted the U.S.
Press Release

Changes Ahead Mean a Better Experience on the Modern ACH Network

January 12, 2021
Moving the modern ACH Network forward to provide users with the best possible experience is one of Nacha’s most important goals. That’s why the ACH Network is always evolving, and this year will be no different. “2021 is going to be a year full of some great Rules changes, things that help drive our ACH Network forward, increase our volume, and keep it the safe, reliable ACH Network that we all know and love,” said Debbie Barr, Nacha Senior Director, ACH Network Rules Process. During the Jan.
Blog

Don’t Be a File Holder

December 14, 2020
File holders, you know who you are, but for those who don’t, allow us to explain.  Sometimes, organizations originating ACH payments use stale or other invalid dates in the “Effective Entry Date” field. Accidents happen, but some do it routinely or have never implemented the capability to use current Effective Dates.  With ACH payments like that, there’s a choice to be made.
Blog

Nacha Requests Comment on Proposed Increases to Same Day ACH Dollar Limits

December 9, 2020
Nacha is requesting comment on a proposal to increase the dollar limit for Same Day ACH payments.  Complete details, including the Rules Proposal Description, the Modifications to the Rules, the link to comment, and more can be found here. We also invite you to watch our video:
Blog

(Podcast) Same Day ACH in 2020: Constant Growth & Continued Improvements

September 17, 2020
With paper check use declining and electronic payment methods on the rise, the ACH Network has grown tremendously in recent years. A recent PaymentsJournal podcast unpacked how this growth continued into 2020, even as the pandemic disrupted regular economic activity. In fact, the pandemic underscored just how reliable and valuable the ACH Network is to commercial and economic activity.
Blog

Same Day ACH: New Dollar Limit Not a Fraud Vector

August 31, 2020
Business Email Compromise is a major concern today, but it appears that the recent enhancement to Same Day ACH has not resulted in any increase in criminal activity, an informal Nacha survey found.
Blog