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Mastercard Gross Dollar Volume Up 14 Pct In 4Q

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Gross dollar volume was up 14 percent to $1.5 trillion, and switched transactions in the quarter stood at 20.1 billion transactions, up 17 percent as measured year over year. percent to $762 billion, while credit transactions were up 6.6 percent to $762 billion, while credit transactions were up 6.6

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NACHA Releases Same Day ACH Stats

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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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Today In Data: Same Day ACH

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“We’re seeing robust use of same-day ACH credits,” said Larimer. As Phase 2 for debit transactions gets underway, the movement represents an option to transition to the two same-day windows now in place for credit transactions. With same-day debit , Larimer said, “consumers know their true balance faster.”

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NACHA Expects ACH Transactions To Rise

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The volume of same-day automated clearing house (ACH) transactions is expected to rise over the coming months, BusinessInsider reported. According to a NACHA survey, 82 percent of financial institutions surveyed anticipate that Same Day ACH debit volume will grow at a rapid or steady rate. billion transferred.

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Mastercard Q4 Continues Contactless, B2B Growth ‘Marathon’

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Gross dollar volume was up 14 percent to $1.5 trillion, and switched transactions in the quarter stood at 20.1 Breaking down the gross dollar volume trends, Mastercard said in supplemental materials filed with the earnings report that debit and prepaid transactions gained 12.2 In terms of headline numbers, $3.8

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PYMNTS Daily Data Dive: Same Day ACH

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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 52 percent, 6.8

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ACH Network Processed 21.5B Transactions in 2017

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It is the third year in a row in which the number of new ACH transactions increased by more than one billion. Last year, nine billion ACH credit transactions had a total value of more than $30 trillion, while the more than 12 billion debit transactions had a total value of more than $16 trillion.