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ACH Network moves 30 billion payments – $77 trillion in 2022
The modern ACH Network processed 30 billion payments valued at $76.7 trillion in 2022, increases of 3% and 5.6% respectively over 2021. “2022 marked the tenth consecutive year in which... read more
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US Federal Reserve study shows dramatic changes to US payments market
The United States’ Federal Reserve has issued an update to its Federal Reserve Payments Study (FRPS) on the US payments market to include findings from recent survey data. The findings... read more
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ACH Network volume and value in 2017 – More Than 1 billion payments added
The ACH Network processed 21.5 billion transactions valued at more than $46.8 trillion in 2017, representing increases of 5.7%and 6.9%, respectively, over 2016, according to new data released by NACHA—The Electronic Payments Association. It is the third year in a row in which the number of new ACH transactions increased by more than 1 billion, [...]
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ACH volume grows to more than 25 billion payments and $43 trillion
Following four consecutive quarters of more than 5 billion electronic payments in each quarter – a first for the ACH Network – overall volume in 2016 amounted to 25.6 billion transactions,[1] according to new statistics released by NACHA — The Electronic Payments Association. This represents an increase of 5.3% over 2015 volume, and is the [...]
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ACH expanding fast
Transactions on the automated clearing house (ACH) network grew 5.4% in the second quarter, the second straight period of 5%-plus expansion for the system, according to NACHA. The second-quarter number also represents the fastest growing expansion for ACH since the third quarter of 2013. The increased growth comes after a comparatively weak 2014. Transactions for [...]
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