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.

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

Contrary to what you might think, there are no Yankees-Red Sox type rivalries among the nation’s payment systems. Quite the opposite, actually. 

Same Day ACH is the faster payment method of the ACH Network, designed to enable payments to be sent and received at optimal speed within the same business day.

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.

Same Day ACH has been live since September 2016 and since its debut Nacha has consistently made enhancements to meet the needs of ACH end users.

MIAMI BEACH, Fla.—Records are made to be broken, and that’s especially true when it comes to ACH.

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. 

HERNDON, Virginia, Feb. 14, 2024 – Led by strong growth in Same Day ACH and business-to-business (B2B) payments, the ACH Network securely handled 31.5 billion payments valued at $80.1 trillion in 2023.

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.

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.

Nacha supports users having choices in electronic payments – including instant payments (such as FedNow and RTP), credit cards and wire.

Herndon, VA – Today, Nacha President and CEO Jane Larimer released the following statement in response to the Federal Reserve announcing its FedNow Service is now live: 

(L-R) Michael Herd, Nell Campbell-Drake, Jason Carone.

March 2023 marked the 5-year anniversary of the effective date of Phase 3 of the original Same Day ACH rules. Those rules provide for a review of the amount of the Same Day ACH fee as of this 5-year date.

Nacha announced its 2023 Pay-Me Award Honorees during the Payments Connection Ceremony at its annual Smarter Faster Payments Conference. These movie-themed awards recognize some of the innovative solution providers that help keep the payments industry fast and secure. 

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.

The one-year anniversary of Same Day ACH’s $1 million limit is March 18.

Direct Deposits and Direct Payments are the smart and convenient way businesses, individuals, and government entities safely send and receive payments.

The ACH Network continued growing in the final quarter of 2022. Payment volume totaled 7.6 billion, up 2.3% from the fourth quarter of 2021. The value of those payments, $19.4 trillion, is a 3% rise.