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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 …
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 …
Sometimes simple works best. When it comes to your financial life, there are ways to simplify things that make a lot of sense. The first week of August is Simplify Your Life Week, and on a personal level, one of the easiest things to do is to move away …
HERNDON, Virginia , April 17, 2023 – The ACH Network began 2023 with solid growth in the first quarter, particularly in Same Day ACH where payment dollar values nearly doubled from a year earlier. A total of 7.7 billion payments valued at $19.7 trillion …
HERNDON, Virginia , July 25, 2023 – The use of Same Day ACH payments grew significantly in the first half of 2023, powering the modern ACH Network to help meet the nation’s needs for faster payments, Nacha reported today. For the first half of 2023, the …
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 …
The holidays are still a few weeks out, but the cause for celebration came a little early for Same Day ACH. During October, the 2 billionth Same Day ACH payment was processed. It’s an impressive milestone for the faster payment method that debuted in …
HERNDON, Virginia , Oct. 17, 2023 – Ongoing adoption of Same Day ACH and the continued increase in business-to-business (B2B) payments led the ACH Network to robust results in the third quarter of 2023. There were 212 million Same Day ACH payments with a …
HERNDON, Virginia, April 23, 2024 – A 47% increase in Same Day ACH volume helped lead the way as the ACH Network began 2024 by handling 8.2 billion payments in the first quarter. There were 273.7 million Same Day ACH payments in the first quarter. The …