Same Day ACH Resource Center

Same Day ACH: The Next Enhancement is Around the Corner

The new third window for Same Day ACH is coming in March, meaning the time to prepare is now. At a recent ACH Town Hall, representatives of Nacha and the two ACH Operators - the Federal Reserve and The Clearing House - gave an update on what you need to know.

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

In a recent podcast interview with PaymentsJournal, Nacha’s Michael Herd discussed how and why Same Day ACH volumes have been growing and what use cases Nacha’s faster payment option supports. The podcast is available for download. 

144 results

Getting Your Money Via ACH: Faster is Better

September 20, 2019
As a general rule, faster is better. After all, who doesn’t like less traffic, or a plane that lands early? By the same token, who wouldn’t want to get their money quicker? That’s why there’s a lot to like about the new rule making ACH credits available in bank accounts sooner.  
Blog

Extended Hours for Same Day ACH: The Time Has Come

July 5, 2019
Triple digit growth in a single year shows you’re on to something. Such is the case with Same Day ACH. Since its 2016 debut, businesses small and large, financial institutions from Main Street to Wall Street, and consumers have embraced the benefits of Same Day ACH. Volume jumped 137% from 2017 to 2018, with nearly 178 million transactions last year.  But it’s still a work in progress. In fact, we have an enhancement coming in September, making funds available sooner in the day for many ACH credits.
Blog

Nacha Statement Regarding Federal Reserve Proposal to Support Same Day ACH Enhancements

May 14, 2019
Nacha applauds the Federal Reserve Board of Governors for issuing its proposal to extend its settlement services to support Same Day ACH enhancements with later settlement hours. The industry has spoken loudly in support of the expansion of Same Day ACH, and the public benefits it will provide for all businesses and consumers that use the ACH Network. Risks due to the extension of settlement hours can be mitigated with changes that Nacha believes the industry can gradually adopt over the next year and 10 months.
Press Release

Same Day ACH Helps Payroll at Companies Big, Small

March 5, 2019
In the March 2019 issue of the American Payroll Association's PAYTECH magazine, Nacha authored an article about how Same Day ACH is helping businesses of all sizes. We appreciate APA allowing us to reprint the article, which is available as a PDF.
Article

ACH Network Moves 23 Billion Payments and $51 Trillion in 2018

February 19, 2019
HERNDON, Va., February 19, 2019 – 2018 was a milestone year for the ACH Network. Payment volume climbed by almost 1.5 billion payments, the fourth straight year the ACH Network has added more than 1 billion new payments.  ACH Network volume reached nearly 23 billion payments in 2018, a year-over-year increase of 6.9 percent and the highest growth rate since 2008. That’s nearly 70 payments for every person in the U.S. The value of ACH payments in 2018 was $51.2 trillion, a 9.5 percent increase over 2017.
Press Release

ACH Network Moves 23 Billion Payments and $51 Trillion in 2018

February 19, 2019

HERNDON, Va., February 19, 2019 – 2018 was a milestone year for the ACH Network. Payment volume climbed by almost 1.5 billion payments, the fourth straight year the ACH Network has added more than 1 billion new payments. 

ACH Network volume reached nearly 23 billion payments in 2018, a year-over-year increase of 6.9 percent and the highest growth rate since 2008. That’s nearly 70 payments for every person in the U.S.

Infographic