Same-day ACH payments soar
Payments Dive
APRIL 20, 2023
The dollar value of same-day ACH payments nearly doubled in the first quarter as the volume increased 20.7%, Nacha said this week in a quarterly update.
This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Payments Dive
APRIL 20, 2023
The dollar value of same-day ACH payments nearly doubled in the first quarter as the volume increased 20.7%, Nacha said this week in a quarterly update.
NACHA
JULY 17, 2024
HERNDON, Virginia, July 18, 2024 – Same Day ACH reached new heights of payment volume and value as the modern ACH Network posted significant volume and value increases in the second quarter of 2024, Nacha reported. billion ACH payments in the second quarter, an increase of 6.3% There were 8.3
NACHA
OCTOBER 16, 2024
17, 2024 – Same Day ACH volume soared 67.5% in the third quarter of 2024, and total ACH Network payment volume rose 7.4% million Same Day ACH payments in the third quarter; the value of those payments rose 38.8% These results are continued proof of the robust adoption of Same Day ACH.
Payments Source
SEPTEMBER 20, 2018
financial institutions have made same-day ACH funds available without seeing any major shifts in fraud. But observers warn that as same-day ACH introduces broader access and bigger transactions, it will become a bigger temptation for fraudsters. More than half of U.S.
NACHA
APRIL 22, 2025
field--node--title--article.html.twig field--node--title.html.twig field--node--article.html.twig field--title.html.twig field--string.html.twig field.html.twig --> ACH Network Sees Strong Start to 2025; Volume and Value Increases for Both Standard and Same Day ACH field--node--uid--article.html.twig field--node--uid.html.twig field--node--article.html.twig (..)
PYMNTS
SEPTEMBER 17, 2018
NACHA — The Electronic Payments Association — announced that its membership has approved three new rules that will expand Same-Day ACH for all financial institutions and their customers. Funds from Same-Day ACH credits processed in the existing first window will be made available by 1:30 p.m. local time.
Stax
MARCH 27, 2025
Thats why 92% of consumers and 82% of companies reportedly made the switch to electronic payments, like Electronic Funds Transfers (EFT) and Automated Clearing House (ACH). EFT and ACH payments are fast, secure, and hassle-free. EFT and ACH offer more security and convenience than cash and checks, but they also come with limitations.
PYMNTS
NOVEMBER 16, 2016
And pay the very same day. NACHA, the payments association behind the ACH Network, said Tuesday (Nov. million Same Day ACH transactions occurred in October, the first full month after the initial Sept. The total value of those same-day payments came to $4.9 If you build it, they will come.
PYMNTS
JANUARY 26, 2017
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. Direct deposit made up the largest segment of Same Day ACH transaction volume — some 52 percent, or 6.8
PYMNTS
NOVEMBER 15, 2016
The Electronic Payments Association, NACHA, has released volume data tied to the first calendar month of same-day ACH transactions. For the month, Same Day ACH was responsible for 3.8 billion in payments volume. For the month, Same Day ACH was responsible for 3.8
PYMNTS
SEPTEMBER 15, 2017
In a recent interview with PYMNTS’ Karen Webster, Jane Larimer, chief operating officer at NACHA, said the financial services industry has done much preparation in terms of enhancing systems and processing, in tandem with significant testing, after a smooth Phase 1 of Same Day ACH debuted last September. 2016 and July 2017.
PYMNTS
APRIL 6, 2016
The biggest firms in the nation are gearing up for same day ACH payments – an eventuality that could hit in September of this year. Firms are looking to use ACH across payroll and B2B functions. As smaller institutions prepare to receive same-day payments, they spot business opportunities.
PYMNTS
FEBRUARY 19, 2019
NACHA, the steward of the ACH Network, announced Tuesday (Feb. 19) that last year was a milestone year for the ACH Network with payment volume climbing to close to 1.5 In a press release , NACHA said it is the fourth year in a row that the ACH Network added more than 1 billion new payments. billion payments.
PYMNTS
FEBRUARY 7, 2017
NACHA wants to quell any anxieties about the rollout of Same Day ACH, and the latest data from the payments group should breathe new confidence in banks that have adopted the technology. The association released the latest data on the rollout of Same Day ACH thus far with a new report today (Feb.
PYMNTS
JANUARY 25, 2017
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. Direct Deposit comprised 52 percent of Same Day ACH volume, or 6.8
PYMNTS
JUNE 6, 2017
NACHA, with its Same Day ACH offering, is leading the charge for faster payments in the U.S., We’ll give a daily double for the first data point, as it’s number of ACH transactions, and the second is quoted in terms of dollars over the whole calendar year of 2016. When we look at same day, it is over half.
PYMNTS
SEPTEMBER 15, 2017
In an interview with PYMNTS’ Karen Webster, Jane Larimer , chief operating officer at NACHA , said that the implementation of Phase 1 of Same Day ACH has gone smoothly, with a live debut last September. We’re seeing robust use of same-day ACH credits,” said Larimer. We are excited for this to go live.”.
Payment Savvy
MAY 16, 2023
The backbone of these developments is none other than America’s Automated Clearing House (ACH) which facilitates seamless electronic transactions between banks and financial institutions within its network. Instant ACH transfers have gained prominence as they cater to the increasing demand for expedited financial transactions.
PYMNTS
APRIL 17, 2017
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 Same-day direct deposits accounted for more than half of that Same Day ACH volume, with B2B payments making up a third.
PYMNTS
MAY 7, 2018
With Same-Day ACH now a reality in the U.S., In its analysis of the Same-Day ACH rollout, NACHA found no evidence that it led to an increase in fraud attempts or successful breaches. That doesn’t mean that fraud linked to ACH transactions is nonexistent, however.
Payments Source
JUNE 27, 2017
Particularly at risk are service providers with high volumes of automated or customer-initiated debit payments, such as cell phone service providers, utilities, cable companies, insurance, and retailers.
PYMNTS
NOVEMBER 2, 2018
1) that automated clearing house (ACH) payments totaled more than 5.6 The ACH network is thriving,” said Jane Larimer, chief operating officer of NACHA, in the press release. “Governments, financial institutions, businesses and consumers are all reaping the benefits the ACH network provides.”. “The billion, which is a 3.7
PYMNTS
AUGUST 4, 2016
Phase One of Same Day ACH will officially launch in the U.S. It was then that NACHA proposed the shift to settling three times a day, ve days per week, to give consumers and businesses access to more efficient transactions. 23 to go smoothly is that the ACH network is already being used by banks and consumers.
PYMNTS
SEPTEMBER 14, 2018
ACH Network volume surpassed 2 billion transactions in August, an increase of more than 10 percent compared to the previous year. The ACH Network is thriving, and has achieved a milestone of more than 2 billion payments in one month,” said Jane Larimer, chief operating officer of NACHA. In addition, close to 1.5
PYMNTS
SEPTEMBER 9, 2016
With the Same Day ACH rollout coming in just two weeks and other faster payments initiatives taking off, financial institutions are taking significant steps to ensure the transition to a faster processing environment, including improving their payment security platforms to keep fraudsters at bay. Impact On Same Day ACH Rollout.
FICO
MARCH 27, 2017
Today could be that day. Are banks truly ready for same-day ACH? Between the Same Day ACH initiative launch on September 23, 2016 and December 31, 2016, there were more than 13 million same-day ACH transactions. ACH is a different animal. How to fight back.
PYMNTS
JANUARY 29, 2019
During the fourth quarter of 2018, ACH Network volume saw more growth than it has in the last decade, according to the National Automated Clearing House Association (NACHA), which noted same-day ACH payments also reached a new level. billion ACH payments happened in Q4 last year, including 3.5 Upwards of 5.9
Trade Credit & Liquidity Management
APRIL 30, 2025
From a Press Release dated April 23, 2025, Reston, Virginia The ACH Network reported significant growth in both standard and Same Day ACH transactions during the first quarter of 2025. This demonstrates continued momentum in electronic payments, with significantly rapid growth in Same Day ACH.
PYMNTS
JANUARY 28, 2020
This week’s examination of the latest innovation initiatives finds this to be true both for innovators exploring ways to improve existing rails — like ACH — as well as those that have embraced the development of entirely new rails, including real-time payments (RTP) and blockchain-powered transactions. Same-Day Boosts ACH Adoption.
PYMNTS
FEBRUARY 11, 2020
The latest data from Nacha found a new record-high growth rate for adoption of ACH payments , with B2B payments showcasing a surge in adoption of the legacy payment rail that has recently turned to technologies that can augment the service, from the movement of transaction data with an ACH payment to the deployment of Same Day ACH.
PYMNTS
NOVEMBER 5, 2018
NACHA released new statistics late last week on growth of ACH transaction volume in the U.S. 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 ACH Network as “thriving.”. NACHA said 43.2
Fintech Finance
MARCH 31, 2025
Transaction volume on the EPN ® system, the ACH network operated by The Clearing House Payments Company L.L.C., in 2024, continuing the trend of yearly ACH volume and value growth. ACH commercial volume last year. The trend of increasing volumes is also continuing into 2025. year over year.
PYMNTS
JANUARY 18, 2018
The volume of same-day automated clearing house (ACH) transactions is expected to rise over the coming months, BusinessInsider reported. According to a NACHA survey, 82 percent of financial institutions surveyed anticipate that Same Day ACH debit volume will grow at a rapid or steady rate.
Clearly Payments
MAY 22, 2025
Effective Rate Your total fees divided by total volume. ACH Bank-to-bank transfers, like direct deposit or bill pay. EFT (Electronic Funds Transfer) Same as ACH, used more often in Canada. Volume Cap A limit on how much a merchant can process per month. ACH (Automated Clearing House) The U.S.
PYMNTS
NOVEMBER 22, 2016
And in the latest installment of Data Drivers, statistics show that the recently launched Same Day ACH initiative has got businesses, and consumers, moving to manage cash flow on a daily basis, across a variety of use cases. million in direct deposit [across Same Day ACH] … it’s a bit more than what I thought.
EBizCharge
SEPTEMBER 17, 2024
An Automated Clearing House (ACH) transfer limit is the maximum amount of money that can be spent or received through the ACH network in a single transaction or within a specified period. This article will shed light on what ACH transactions are, the nature of their limits, and the influencing factors. What is an ACH transfer?
PYMNTS
APRIL 11, 2018
New data shows that the ACH Network processed 21.5 It is the third year in a row in which the number of new ACH transactions increased by more than one billion. The continued robust growth comes as no surprise as the ACH Network continues to evolve to meet the needs of financial institutions, businesses and consumers.”. “The
The Paypers
FEBRUARY 9, 2017
(The Paypers) Around 90% of the surveyed banks report that the origination volume of the same day ACH has been higher than anticipated,a recent research study reveals.
Nanonets
MARCH 20, 2023
What are ACH payments? ACH (Automated Clearing House) payments are electronic fund transfers that use the ACH network to move funds between bank accounts in the United States. The ACH network is managed by NACHA, which was earlier known as the National Automated Clearing House Association.
Stax
JUNE 27, 2024
If you’ve been accepting and using electronic payments in your business, you’ve probably come across two of the most popular terms in the digital payments scene— automated clearing house (ACH) and wire transfer. International wire transfers can take up to 7-10 days Costs and fees Around 1% of the payment amount.
PYMNTS
MAY 16, 2019
Data from the ACH Network shows growth in payment volumes and values across a number of classifications. In all of 2018, there were 27 billion ACH payments, with roughly $51 trillion in value that moved across the network. Drilling down into the data, the overall average daily payments volume was up 7.5 percent to 1.6
Nanonets
APRIL 13, 2023
The Automated Clearing House (ACH) payment system facilitates the movement of billions of dollars every day, operating behind the scenes in the U.S. In this article, we'll explore the ACH network and ACH payments, how ACH payments function, and the ways in which it impacts our daily financial transactions.
PYMNTS
DECEMBER 13, 2017
In an age where faster is a hallmark of, well, everything, it follows that the same should be true of payments. Said Herd, additional findings reveal that there are some institutions that would like to offer Same Day ACH to their customers, but the processors or vendors that they rely on haven’t enabled it yet.
PYMNTS
NOVEMBER 16, 2016
And pay the very same day. NACHA, the payments association behind the ACH network, said Tuesday that 3.8 million same-day transactions occurred in October, the first full month after the initial Sept. The total value of those same day payments came to $4.9 If you build it, they will come.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content