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ACH Network Processed 21.5B Transactions in 2017

PYMNTS

New data shows that the ACH Network processed 21.5 percent, respectively, over 2016. It is the third year in a row in which the number of new ACH transactions increased by more than one billion. And the network’s growth rate for last year is the highest since 2008. billion transactions valued at more than $46.8

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ACH transactions show an increase of 5.3 percent in 2016

The Paypers

(The Paypers) According to new statistics, the ACH Network has reached an overall volume of 25.6 billion transactions în 2016.

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NACHA Pinpoints B2B’s Role In Same Day ACH Adoption (So Far)

PYMNTS

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 And it is this versatility that makes ACH payments a valued payment type and supports the continued growth of the ACH network.

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PYMNTS Daily Data Dive: Same Day ACH

PYMNTS

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 million, $5.9

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The Millions And Billions And Trillions Of Same Day ACH

PYMNTS

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. That year “as a whole,” said Estep, “showed both the continued growth as well as the evolution of the ACH network.”. They grew over 5 percent in 2016.”.

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NACHA Releases Same Day ACH Stats

PYMNTS

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

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New WEX Platform Aims To Get AP Started With ePayments?

PYMNTS

The platform supports virtual accounts, ACH, network settlements, EFT and check payments and aims to boost transparency and control over supplier payments. WEX reported a 13 percent increase in the average number of vehicles serviced worldwide between Q2 2016 and Q2 2017. The firm said Tuesday (Aug.