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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., 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 …
Even if you’ve been in payments for decades, no one in the industry can know it all. “There’s always something new to learn,” said Mary Gilmeister, AAP, NCP, President and CEO of Macha. She’s also the 2022 Dean of the Payments Institute (TPI) . This year …
… Each depository financial institution that transmits or receives ACH entries is required to pay Nacha an Annual Fee and a Per-Entry Fee for costs associated with the administration of the ACH Network. The fee amounts are set to recover costs of the ACH …
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 has again been named as one of the 2023 Best Places to Work in Virginia —for the fifth year in a row—by Virginia Business Magazine and Best Companies Group. Nacha governs the modern ACH Network, the payment system that drives safe, smart, and fast …
HERNDON, Virginia , Feb. 1, 2023 – Nacha today announced the addition of four new and two re-elected members to its Board of Directors. The Nacha Board provides strategic guidance related to the modern ACH Network and the governance of Nacha as an …