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Treasury and finance payments practitioners and payroll professionals at corporations, larger businesses and governmental organizations (federal, state and local) are big users of ACH payments—from paying bills and employees, to receiving payments for the …
Statement from Jane Larimer, CEO of Nacha, on White House Executive Order to Phase Out Checks for Federal Payments
Nacha applauds the White House’s executive order to eliminate the use of paper checks for federal disbursements by Sept. 30, 2025, and for receipts as soon as practicable. Paper checks are slow, costly, and prone to theft and fraud, especially in …
RESTON, Virginia , Jan. 30, 2025 – Led by phenomenal growth in Same Day ACH, Nacha reported across-the-board gains in ACH payments volume and value in 2024. Same Day ACH payment volume topped the 1 billion mark, with more than 1.2 billion payments for the …
… According to the U.S. Chamber of Commerce , "ACH payment acceptance saves small businesses money while improving customer experiences." Does your business currently take recurring payments? Do a significant proportion of your customers currently pay by …
Nacha supports users having choices in electronic payments – including instant payments (such as FedNow and RTP), credit cards and wire. Electronic payment options can be complementary and give payment system users a choice based on their use case. This …
… Growing fast. Going strong. Third Quarter 2024 Volume and Value Same Day ACH volume soared 67.5% in the third quarter of 2024 with 355.2 million payments. Total third quarter ACH Network volume was 8.4 billion payments valued at $21.5 trillion, …
Contrary to what you might think, there are no Yankees-Red Sox type rivalries among the nation’s payment systems. Quite the opposite, actually. People and businesses have more payment options today than a decade ago, much less a generation ago, and …
RESTON, Virginia , Oct. 17, 2024 – Same Day ACH volume soared 67.5% in the third quarter of 2024, and total ACH Network payment volume rose 7.4% from a year earlier, new figures from Nacha showed. There were 355.2 million Same Day ACH payments in the …
The ACH Network is the backbone of the U.S. financial system and benefits consumers, businesses and government agencies. While many consumers are unaware of the name ACH, they are aware of electronic bank transfers, electronic funds transfers and similar …