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Contact: Media Relations The modern ACH Network experienced significant growth in 2021, with 29.1 billion payments valued at $72.6 trillion, and Same Day ACH payment volume grew nearly 74%, new figures from Nacha show. ACH Network payment volume was up …
HERNDON, Va., Feb. 22, 2022 – Today, Nacha's Payments Innovation Alliance announced its 2022-2023 Advisory Committees. Working with Nacha staff, the Advisory Committees serve a leadership role to identify and address some of the most important issues …
HERNDON, Va., March 18, 2022 – Same Day ACH enters a new era today as the per payment limit increases to $1 million. “The growth of Same Day ACH in just over five years has been phenomenal as the payments community has welcomed this faster payment …
HERNDON, Virginia, May 12, 2022 – The ACH Network experienced overall growth in the first quarter of 2022, even as recent forms of pandemic-related government assistance have ended. Growth in the first quarter was fueled by business-to-business (B2B) …
The ACH Network continues to thrive. Some may look at the ACH Network’s first quarter results this year, jump to conclusions and miss the complex and nuanced story. That story deserves a closer look. Payment volume on the ACH Network rose 2.2% from Q1 of …
Direct Deposit continues to be the overwhelming choice for Americans to receive their wages, a new survey finds. In its 2022 “Getting Paid in America” survey, the American Payroll Association (APA) found that more than 93% of those questioned use Direct …
ACH Network Moves 7.6 Billion Payments in Third Quarter of 2022; Strong Growth Continues for Same Day ACH
HERNDON, Virginia, Oct. 25, 2022 – Steady growth continued for the ACH Network in the third quarter of 2022, with 7.6 billion payments processed valued at $19.2 trillion. Those are increases of 4.2% and 6%, respectively, from a year earlier. Same Day ACH …
Nacha's Payments Innovation Alliance Releases New Guide Explaining and Simplifying Voice Payments Processing Using the ACH Network
HERNDON, Virginia, November 30, 2022 – Nacha's Payments Innovation Alliance has created a new resource aimed at financial institutions, billers and payments processors. Voice Payments: Guide to Nacha’s Operating Rules identifies the most common …
Financial Inclusion and Direct Deposit: FDIC Report Shows Pandemic Relief Helped Encourage Bank Account Openings
The ability to quickly receive pandemic-related benefits led some of the nation’s previously “unbanked” households to open bank accounts, which contributed to a continuing decline in the number of unbanked Americans, a new federal report found. The “2021 …