Same Day ACH and B2B Propel ACH Network Growth in the First Quarter
2024年4月23日 - 10:05PM
ビジネスワイヤ(英語)
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.
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There were 273.7 million Same Day ACH payments in the first
quarter. The value of those payments was $719 billion, up 27.2%
from a year earlier. Same Day ACH volume in March 2024 was 95.6
million, averaging more than 4.5 million payments per day, both
all-time monthly highs since Same Day ACH launched.
“As strong adoption of Same Day ACH continues, Nacha will work
with stakeholders across the payments community to keep this faster
payment method moving forward,” said Jane Larimer, Nacha President
and CEO.
Business-to-business (B2B) payment growth remained strong, with
1.7 billion payments in the first quarter, a 10.8% increase.
Consumer internet-initiated debits increased 7.4% from a year
earlier, with 2.6 billion payments. Their value was $1.5 trillion,
up more than 5%. These debits accounted for 56.6% of all ACH debits
in the first quarter.
Total first quarter ACH Network volume was 8.2 billion payments
valued at $20.7 trillion, respective gains of 5.6% and 5%.
“As Nacha marks its 50th anniversary in 2024, these numbers show
the ACH Network is a vital part of the payments landscape, and one
with a bright future indeed,” said Larimer.
About Nacha
Nacha governs the thriving ACH Network, the payment system that
drives safe, smart, and fast Direct Deposits and Direct Payments
with the capability to reach all U.S. bank and credit union
accounts. There were 31.5 billion ACH Network payments made in
2023, valued at $80.1 trillion. Through problem-solving and
consensus-building among diverse payment industry stakeholders,
Nacha advances innovation and interoperability in the payments
system. Nacha develops rules and standards, provides industry
solutions, and delivers education, accreditation, and advisory
services.
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Dan Roth Nacha 571-579-0720 media@nacha.org