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ACH frees up time, money and energy so nonprofits can focus on what really matters: their mission. In creating a new ACH toolkit for nonprofits, Nacha undertook research to see what resonated with donor coordinators and donors. The goal was to ensure the …
The ACH Network continued growing in the final quarter of 2022. Payment volume totaled 7.6 billion, up 2.3% from the fourth quarter of 2021. The value of those payments, $19.4 trillion, is a 3% rise. Use of Same Day ACH remained solid following the March …
MIAMI BEACH, Fla. —Records are made to be broken, and that’s especially true when it comes to ACH. Both standard ACH and Same Day ACH are seeing tremendous growth. Where the latter is concerned, “About every three or four months we hit a new peak record,” …
Summertime and the living is busy. At least for Nacha’s Industry Engagement team, which year-round promotes the benefits of ACH payments for specific industry use cases. High on that list are nonprofits, which recently brought the team to Atlanta for what …
The Credit Union and the App Helping Nonprofits Reap 100% of Donations with Electronic Bank Transfers
When SPIRE Credit Union set out to help local nonprofits in its Minnesota community, it wanted to make sure each group received as much as possible, without losing money to fees. The key to that success lies in an app built around donating by ACH, or …
NASHVILLE, Tennessee —In a New York City public school, barely 3 miles from Yankee Stadium, the idea that became DonorsChoose was born out of necessity. “When I started teaching in the Bronx, I saw firsthand that all schools are not created equal. My …
A decade-long increase in medical and dental professionals receiving claim payments by EFT continued in 2023. The nearly 488 million EFT healthcare payments reflect a rise of 7.7% over 2022. And when you look back to 2013, when there were just 19.2 …
$484.85 billion. That’s how much Americans donated to charity in 2021, according to Giving USA. Of that total, 67%—nearly $327 billion—came from individuals. Now imagine the impact that could make if more of those donations were made by ACH. It’s a lofty …
When Nacha set out to revamp its Nonprofit Toolkit , the goal was to make it as helpful as possible for nonprofits looking to start or enhance a donation program using electronic bank transfer (ACH). An expert in the field of charitable giving is …