The ACH Network started 2019 with strong growth, as the number of payments in the first quarter increased 5.8% from a year earlier, and the daily average volume of payments increased 7.5%. The ACH Network set a record in February 2019 as volume exceeded 100 million ACH payments per day for the first time. ACH volume in the first quarter was 6 billion payments: 3.5 billion debits and 2.5 billion credits. Internet-initiated payments rose 10.3% to 1.6 billion.

In becoming a Preferred Partner, MX joins a select group of innovators that Nacha recognizes for offering products and services that align with Nacha’s core strategies to advance the ACH Network.

HERNDON, Va., Jan. 29, 2019 – ACH Network volume saw its biggest quarterly growth in more than a decade during the fourth quarter of 2018. Same Day ACH payments also passed a significant milestone.

 

HERNDON, Va. — Nov. 7, 2018 —  SWBC has become a Nacha Preferred Partner for ACH-Facilitated Lending Services.

The number of ACH payments totaled more than 5.6 billion in the third quarter of 2018, a 6.7 percent increase over Q3 2017, according to Nacha.

In becoming a Preferred Partner, MX joins a select group of innovators that Nacha recognizes for offering products and services that align with Nacha’s core strategies to advance the ACH Network.

In becoming a Preferred Partner, MX joins a select group of innovators that Nacha recognizes for offering products and services that align with Nacha’s core strategies to advance the ACH Network.