Tag: Same Day ACH
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:
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.
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.