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The criticism that the speed of the ACH Network slowed down stimulus payments, misguided as it is, misses the fact that the rail performed extraordinarily well. In a single day, the ACH Network supported 81 million payments without issue, in addition to its regular payment volumes.
Despite Concerns Over Mail Delivery, Overwhelming Majority of Federal Government Payments Continue to be Made On Time
More than 97% of Recipients of Social Security and Veterans Benefits Rely on Direct Deposit.