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ACH Network Volume Rises 6.1% in Fourth Quarter of 2021 as Healthcare Claim Payments and B2B Lead the Way
Contact: Media Relations Buoyed by strong gains in the healthcare and business-to-business sectors as well as Same Day ACH payments, ACH Network payment volume grew 6.1% during the fourth quarter of 2021. There were 7.5 billion ACH payments in the final …
Contact: Media Relations The modern ACH Network experienced significant growth in 2021, with 29.1 billion payments valued at $72.6 trillion, and Same Day ACH payment volume grew nearly 74%, new figures from Nacha show. ACH Network payment volume was up …
Part Two. Read Part One . When you look at the costs for businesses to make and receive payments it can be a real eye-opener. A new report from the Association for Financial Professionals (AFP) highlights the disparities between the costs of ACH and check …
ACH Network Records Strong Growth in 2023 as Same Day ACH Surpasses 3 Billion Payments Since Inception
HERNDON, Virginia , Feb. 14, 2024 – Led by strong growth in Same Day ACH and business-to-business (B2B) payments, the ACH Network securely handled 31.5 billion payments valued at $80.1 trillion in 2023. Payment volume for the year was up 4.8% from 2022 …
… Growing fast. Going strong. First Quarter 2024 Volume and Value A 47% increase in Same Day ACH volume helped lead the way as the ACH Network began 2024 by handling 8.2 billion payments in the first quarter. There were 273.7 million Same Day ACH …
MIAMI BEACH, Fla. —Records are made to be broken, and that’s especially true when it comes to ACH. Both standard ACH and Same Day ACH are seeing tremendous growth. Where the latter is concerned, “About every three or four months we hit a new peak record,” …
There’s new evidence that businesses are rapidly abandoning checks in favor of ACH and other electronic payments. The 2022 Association for Financial Professionals (AFP) Digital Payments Survey , released Oct. 4, found that just 33% of business-to-business …
Part One. Read Part Two . Evidence is mounting that businesses are increasingly moving to ACH payments and away from paper. The latest proof comes from the Association for Financial Professionals (AFP) in its 2022 Payments Cost Benchmarking Survey . The …
HERNDON, Virginia, May 12, 2022 – The ACH Network experienced overall growth in the first quarter of 2022, even as recent forms of pandemic-related government assistance have ended. Growth in the first quarter was fueled by business-to-business (B2B) …