The number of payments and value conducted on the ACH Network.

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 terms.

Robust growth continued for the modern ACH Network in the second quarter of 2021. Payment volume climbed 9.9%, with particularly strong growth in business-to-business (B2B) payments.

It's Simplify Your Life Week, and Nacha has some excellent ideas to help you make things easier by using electronic payments.

Nacha has created an Opt-In Program to better facilitate the return and recovery of potentially fraudulent unemployment benefits originally paid by ACH credits. The program is designed to help improve the recovery of funds that may have been disbursed to inappropriate parties.

Nacha is among the more than 50 organizations supporting Wisconsin Saves, which aims to get people to save automatically using Split Deposit.

So far in the 2021 tax filing season 90% of federal refunds have been paid by Direct Deposit, according to the IRS.

Saving money every payday is crucially important toward achieving financial independence. The Split Deposit feature of Direct Deposit can help.

Read our case study to see how the steward of the ACH Network is putting the power of ACH behind its accounts payable and accounts receivable.

The ACH Network set two records in the first quarter of 2021, and Same Day ACH marked its 1 billionth payment.

ACH payments provide clear benefits compared to check payments. If your company currently does not send ACH payments to vendors/suppliers, you can contact your bank for recommendations on how to get started with sending ACH payments. 

Electronic bank transfers can help nonprofits and religious organizations manage and increase automatic donations. 

Tap into the ACH Network and use Direct Deposit and Direct Payment to free up time, money and energy to help you grow your business. Quickly and easily process payroll and pay bills, while ensuring your cash flow remains consistent and easy to forecast.