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Direct Deposit Campaign Adds New Use Cases and Subjects Nacha launched DirectPayment.org , a new consumer-focused awareness campaign to highlight the convenience and safety of using Direct Payment to pay bills. Also known as electronic funds transfer …
Failure is not an option when making a payment—though it can become a reality if the wrong routing number is used. “If there is a payment failure it ultimately means that there is someone who doesn’t get their payment on time, someone who doesn’t get …
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 …
Dentists are flocking to electronic funds transfer (EFT) for claim payments, with a new report finding a 43% jump in those payments from 2022 to 2023. There were 278 million EFT dental claim payments in 2023, up from 194 million a year earlier, according …
It’s a figure that takes a moment to wrap your head around: a 2,556% increase. But that’s just how much healthcare claim payment volume on the ACH Network climbed from 2013 to 2024. New ACH Network figures show there were 510 million ACH claim payments …
Consumer ACH payments include recurring expenses—mortgages, loan payments and utilities, for example—where consumers can authorize a monthly payment and not worry about mailing checks and instead to “just set it and forget it.” Consumers are also finding …
More Money Per Donation . Monthly gifts from donors using electronic bank transfers are on average 55% higher than with other payment types. Make Donating Easier . No more counting or carrying cash or checks. Instead, donations made by electronic bank …