Remove 2016 Remove ACH Network Remove NACHA
article thumbnail

ACH Network Processed 21.5B Transactions in 2017

PYMNTS

New data shows that the ACH Network processed 21.5 percent, respectively, over 2016. It is the third year in a row in which the number of new ACH transactions increased by more than one billion. And the network’s growth rate for last year is the highest since 2008. billion transactions valued at more than $46.8

article thumbnail

Today In Data: ACH Network Sees Record Growth

PYMNTS

The Electronics Payment Association NACHA announced significant increases in the ACH Network transactions. billion | Amount of 2016 overall ACH monetary transactions. percent | Percentage increase of ACH transactions from 2015 to 2016. 12 billion | Number of ACH debit transactions processed.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NACHA Pinpoints B2B’s Role In Same Day ACH Adoption (So Far)

PYMNTS

On Friday (April 14), NACHA released more stats about ACH to explore how businesses are using the payment rail — same-day or not. According to the data, the number of ACH transactions in 2016 topped 25.6 trillion, NACHA said. Overall, B2B payments make up 15 percent of ACH Network volume, NACHA found.

article thumbnail

NACHA Releases Same Day ACH Stats

PYMNTS

The Electronic Payments Association (NACHA), steward and rule maker of the ACH Network, just released findings from the Same Day ACH transaction volume data for Sept. Same Day ACH is an industry initiative toward faster payments. The results are in.

article thumbnail

For NACHA Award Winners, Innovation Beyond Speed And Plumbing

PYMNTS

Hence the recent announcement of the 2017 NACHA Payments Awards , which seeks to spotlight innovation and advancements in payments technology, which this time around was predicated on proven accomplishment in advancing electronic payments and finding new ways to leverage Same Day ACH. can be reached.

NACHA 46
article thumbnail

PYMNTS Daily Data Dive: Same Day ACH

PYMNTS

The Electronic Payments Association (NACHA), steward and rule maker of the ACH Network, recently provided the Same Day ACH transaction volume data for September 23 to December 30, 2016.

article thumbnail

The Millions And Billions And Trillions Of Same Day ACH

PYMNTS

NACHA, with its Same Day ACH offering, is leading the charge for faster payments in the U.S., and our latest Data Drivers , featuring PYMNTS’ Karen Webster and NACHA CEO Jan Estep, explored the possibilities. That year “as a whole,” said Estep, “showed both the continued growth as well as the evolution of the ACH network.”.