Same Day B2B and ACH Payments Key Drivers of ACH Network Quarterly Growth

“Many businesses and organizations have realized that ACH payments are not just the new normal, but the best way to do business, given their reliability and convenience,” said Jane Larimer, Nacha President and CEO.

The same-day ACH payment limit per payment has increased to $1 million on March 18, 2022contributing to a 53.3% increase in the dollar value of ACH Same Day over the prior year, to $290.3 billionas well as a 7.8% increase in volume to 154.2 million payments.

“The payments community has welcomed the new $1 million limit and use it immediately,” Larimer said. “ACH operators and financial institutions have worked hard to make Same Day ACH the modern and successful payment option that it is.

Overall volume on the ACH network totaled 7.3 billion payments, up 2.2% from the prior year, and moving $18.5 trillion, an increase of 7.1%. This growth occurred even in the absence of the pandemic-related relief payments that existed in 2021, when economic impact payments were made and expanded unemployment benefits were available.

“Added 154 million payments in a single quarter, with an additional value of $1.2 trilliondemonstrates the strength of the ACH network as it meets the needs of consumers, businesses and governments to make and receive payments,” said Larimer.

About Nasha
Nacha governs the growing ACH Network, the payment system that enables secure, smart, and fast direct deposits and direct payments with the ability to reach every bank and credit union account in the United States. More than 29 billion ACH network payments were made in 2021, valued at nearly $73 trillion. Through problem solving and consensus building among various stakeholders in the payments industry, Nacha advances innovation and interoperability in the payment system. Nacha develops rules and standards, provides industry solutions and offers education, accreditation and consulting services.


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