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ACH Isnt Dead—Its Evolving Despite predictions of its demise, the ACHNetwork processed 33.6 The continued growth of Same-Day ACH settlements shows businesses want faster options while maintaining the cost-effectiveness and reliability that made ACH the backbone of B2B payments. billion payments totaling $86.2
According to the firm, B2B transactions were a key driver of ACH transaction growth in the third quarter of the year, leading NACHA Chief Operating Officer Jane Larimer to describe the ACHNetwork as “thriving.”. More people than ever are benefitting from Same Day ACH.
The National Automated Clearing House Association (NACHA) governs the operation of the Automated Clearing House (ACH) network , a centralized system financial institutions use to facilitate electronic payments and transactions across the U.S. Fortunately, NACHA provides extensive resources and support to help ensure compliance.
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