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Nacha Leads by Example in Making and Receiving ACH Payments
At a time when in-office staffing is minimal or non-existent because of the pandemic, paying bills by ACH is important for any business or organization, and Nacha is no exception. Read our case study to see how the steward of the ACH Network is putting …
Same Day ACH Payment Limit to Increase to $1 Million
Same Day ACH payments will be further enhanced with a new $1 million per transaction limit. Nacha members approved a measure to increase the per-payment maximum from the current $100,000 to $1 million effective March 18, 2022. It will apply to all …
ACH Network Volume Rises 11.2% in First Quarter as Two Records are Set
Same Day ACH Volume Climbs 90.7%, Passes 1 Billion Milestone Note: The Same Day ACH numbers were updated Aug. 30, 2021, to reflect additional volume identified by an Operator.  The modern ACH Network saw volume soar in the first quarter of 2021, setting …
March 19: A Big Day for the ACH Network
It’s anything but a quiet Friday at Nacha. There are some big changes taking effect today (March 19) at the ACH Network: Same Day ACH The latest enhancement to Same Day ACH begins. A third window for submitting same day payments gives ODFIs an extra two …
Expanding Same Day ACH: How We Got Here
It was Sept. 23, 2016. The Dow Jones Industrial Average was at 18,261; a remake of “The Magnificent Seven” with Denzel Washington opened in movie theaters; and Same Day ACH made its debut. “Phase 1 of Same Day ACH allows for the sending and receiving of …
Nacha Commends IRS for Sending 430,000 Child Tax Credit Payments by Same Day ACH
Today, the U.S. Internal Revenue Service (IRS) sent over 430,000 Advance Child Tax Credit (ACTC) payments by Same Day ACH to quickly and securely reach the majority of families that had received ACTC payments in July and August but didn’t receive their …
ACH Network Volume Up 7.7% in Third Quarter; Strong B2B Growth Continues as Healthcare Claims Pass 100M Mark
Contact: Media Relations With business-to-business (B2B) showing particularly strong growth, and healthcare claim payments setting a record, the modern ACH Network recorded a 7.7% increase in payment volume during the third quarter of 2021.  There were …
[Podcast] Same Day ACH is Making a Difference in the Move Toward Faster Payments
In just five short years, Same Day ACH – Nacha’s faster payments solution – has gained remarkable traction, with the payments community putting it to work in several use cases.   In a  recent podcast interview  with PaymentsJournal, Nacha’s Michael Herd …
Supporting Nonprofits and Religious Organizations
Donors are the lifeblood for nonprofits and religious organizations. Enabling electronic bank transfers is the choice method to convert them to sustainable donors and to save money so you can devote more to your mission. ACH can help. Electronic bank …