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The Electronic Payments Association (NACHA), steward and rule maker of the ACH Network, recently provided the SameDayACHtransaction volume data for September 23 to December 30, 2016. Directdeposit made up the largest segment of SameDayACHtransaction volume — some 52 percent, or 6.8
The Electronic Payments Association (NACHA), steward and rule maker of the ACH Network, just released findings from the SameDayACHtransaction volume data for Sept. SameDayACH is an industry initiative toward faster payments. DirectDeposit comprised 52 percent of SameDayACH volume, or 6.8
. “Governments, financial institutions, businesses and consumers are all reaping the benefits the ACH network provides.”. billion ACH debit and close to 2.3 billion ACHcredittransactions made in the third quarter of this year. billion ACH debit and close to 2.4 billion, which is a 3.7
And in the latest installment of Data Drivers, statistics show that the recently launched SameDayACH initiative has got businesses, and consumers, moving to manage cash flow on a daily basis, across a variety of use cases. Drilling down into the 4 million transactions, a significant carve-out — 1.9 13 percent.
2017 marks another significant achievement in the evolution of the ACH Network, as transaction volume was exceptionally strong and SameDayACH was made fully available,” said NACHA Chief Operating Officer and General Counsel Jane Larimer. The network saw an increase in all transactions for 2017, including a 5.6
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