article thumbnail

Same-day ACH payments soar

Payments Dive

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.

article thumbnail

Can anything challenge ACH?

Payments Dive

The ACH system has proven to be scalable, secure, ubiquitous and reliable, but complaints about processing times persist, writes Sila CEO Shamir Karkal.

ACH 183
article thumbnail

Fed study highlights growth in card, ACH payments

Payments Dive

Card, ACH and check payment values climbed from 2018 to 2021, as cash was left behind, according to the Federal Reserve’s noncash payments study.

ACH 194
article thumbnail

Same Day ACH and B2B Propel ACH Network Growth in the First Quarter

NACHA

Same Day ACH and B2B Propel ACH Network Growth in the First Quarter mkahn@nacha.org Tue, 04/23/2024 - 01:01 Image Media ACH Network Logo with background

article thumbnail

ACH Network Records Strong Growth in 2023 as Same Day ACH Surpasses 3 Billion Payments Since Inception

NACHA

ACH Network Records Strong Growth in 2023 as Same Day ACH Surpasses 3 Billion Payments Since Inception mkahn@nacha.org Wed, 02/14/2024 - 01:01 Image Media ACH Network Logo with background

article thumbnail

Nacha Adopts New Rules To Modernize ACH Payments

PYMNTS

Nonprofit Nacha , which enables Automated Clearing House ( ACH ) payments, has adopted eight new amendments to the Nacha Operating Rules that a press release said will help to modernize the payment style. The amendments concern Same Day ACH and new ways of making ACH payments easier to use, the release stated.

NACHA 113
article thumbnail

Dwolla adds debit push payments, years after faster-ACH push

Payments Source

Iowa-based fintech Dwolla, which spent most of the last decade touting various alternative ACH-powered faster payments approaches, is adding the more mainstream option of debit push payments in its latest iteration.

ACH 123