News! Between 1Q 2023 & 1Q 2024, the number of Same Day ACH payments increased 47% to 273.7 million.
#SameDayACH
can reach any U.S. bank & credit union account in just hours on banking days!
See how the modern ACH Network continues to thrive:
Nacha thanks
@strongholdpay
for their generous sponsorship of the Wireless Internet at
#Payments2024
.
Don’t miss out on the most exciting Smarter Faster Payments yet! Join us May 6-9th in Miami!
Huge thank you to
@Ripple
for sponsoring the Exhibit Hall Networking Reception at this year’s Smarter Faster Payments!
Want to join us at
#Payments2024
in Miami from May 6-9th? It’s not too late! Register here:
For
#ACHNetwork
participants, knowing and complying with the NACHA Operating Rules & Guidelines is a must. Now, you can remain compliant anytime, anywhere!
Why do 93% of American workers use Direct Deposit?
✔️Funds are available at the opening of business every payday
✔️ Zero cost
✔️ Safer, faster and easier than cashing or depositing a paper check
Share this if you love
#DirectDeposit
!
#PaydayToday
We are thrilled to announce that Jane Larimer will serve as Nacha’s next President & CEO after 23 years with our organization. We thank Jan Estep for her role in making Nacha a leader in
#payments
and wish her a wonderful retirement at the end of 2019!
A4: Split Deposit lets you automatically put a portion of your pay into multiple accounts.
#DirectDepositDelivers
#WBChat
(Savings, IRA, investment ... all sorts!)
A4: Making saving a priority with Split Deposit is one good resolution.
#WBChat
#DirectDepositDelivers
(We know broken record but really sooo sooo helpful!)
Nacha applauds the Federal Reserve requesting comments to expand the National Settlement Service's operating days include weekends and holidays. Read our statement here:
It’s almost payday! Thank goodness I have Direct Deposit (TGIHDD). Retweet if you are one of the millions of Americans who will be getting paid through
#DirectDeposit
on payday!
#PaydayToday
#FasterPayments
It’s almost open! The Exhibit Hall at
#Payments2024
is gearing up with over 90 exhibitors ready to assist you. Opening tomorrow at 9:10 a.m., it's your chance to explore cutting-edge solutions and network with industry leaders. See you there!
A tremendous step forward to see the
@FederalReserve
proposal to expand the National Settlement Service’s operating days to weekends and holidays. We appreciate
@RepFrenchHill
leadership on this important issue.
I am encouraged to see the
@FederalReserve
finally take steps to expand the operating days and times of Fedwire and the NSS in 2027. This has been delayed for years but would give families the flexibility to pay their bills at night and over the weekend, and help businesses
#Payments2024
is here! Payments professionals are coming to Miami to discuss the latest trends in the payments ecosystem, learn from each other and connect with friends and colleagues. Are you looking for a speaker or session? More information is below.
We're are pleased to announce that Nacha's next President & CEO Jane Larimer has been appointed to the U.S. Faster Payments Council’s Board of Directors.
#DYK
: In 2023, the ACH Network safely and securely handled 31.5 billion payments? Nacha is proud to govern the thriving ACH Network, helping millions of businesses and consumers move money between any U.S. bank & credit union in just hours!
The ACH Network continues to grow! But don’t just take our word for it. These numbers speak, well, volumes!
✅ 8.2 billion total volume in 1Q.
✅ 273.7 million Same Day ACH payments in 1Q.
✅ 1.7 billion B2B payments in 1Q.
See more:
🚀 Day 2 at Smarter Faster Payments 2024 is buzzing with over 2,200 attendees! With more than 100 exhibitors & sponsors, plus 130 sessions for attendees to choose from, there's unparalleled opportunity to explore, learn & connect. Be sure to share about
#Payments2024
.
We’re counting down the days until the
#SameDayACH
per payment limit increases to $1 million on March 18. With 60 days left, learn more about the rule and how it will expand the capabilities of Same Day ACH.
Curious how the
#ACH
Network performed last year? 26.8 billion payments crossed the network totaling $61.9 trillion. That’s an 8.2% increase in volume and 10.8% increase in value. The modern ACH Network is safe, reliable and GROWING!
The Topical Talks offer
#Payments2024
attendees the opportunity to engage in intimate discussion groups that foster dialogue, debate and fresh perspectives.
More info:
2021 was a year of growth for the ACH Network. With payment volume up 8.7% over 2020, 2021 was the seventh year in a row where volume grew by at least 1 billion payments.
Read more about the ACH Network and future plans to enhance Same Day ACH:
The ACH Network is thriving! ACH
#payments
increased in both volume and value, and
#SameDayACH
skyrocketed with a 75% increase in volume and a 93% increase in value. Learn more about this impressive growth:
Introducing the Faster Payments Playbook, an online resource to help your organization build an effective
#fasterpayments
strategy, brought to you by
@NachaOnline
’s Payments Innovation Alliance and
@Faster_Payments
We’ve been named one of the Best Places to Work in Virginia in 2019 by
@BestCompaniesGP
! We are honored to receive this recognition of our commitment to quality, service to each other, our membership, and the industry.
It's a packed Wednesday at
#Payments2024
! Dive into a multitude of enriching educational sessions throughout the day, covering the latest trends and innovations in the payments industry. Plus, don't forget to explore the bustling Exhibit Hall. And share your photos!
This week we’ll be telling you all about how great Direct Deposit is. For example: did you know that with Direct Deposit you can get paid on-the-go? Check back this week to learn more about how
#DirectDeposit
can benefit you!
#FasterPayments
#FunFiscalFact
#PaydayToday
If you’re a third-party sender, you should learn more about
#NACHACertified
. The process is easier than you might think and it’s definitely worth it. You don’t have to take our word for it, see what
@PayChex
’s Becky Wagner thought of the process.
Today is National AAP Recognition Day! Nacha & the Payments Associations celebrate this day to highlight the importance of the accreditation & honor the achievements of more than 4,500 experts nationwide. Visit to learn how you can celebrate with us!
Nacha is proud to announce
@BillGOPayments
as a new
#PreferredPartner
for ACH Solutions for Instant Credit. BillGO's BankUp solution automates the bill payment process, making
#ACH
payments easier for billers and consumers. Learn about our partnership:
Tomorrow the Same Day ACH per payment transaction limit increases to $1 million. Mike Herd, Sr. VP of ACH Network Administration at
@NachaOnline
, discusses w/
@PaymentsJournal
how the ACH Network will likely see larger cash flows “almost immediately.”
In a time of disruption, the
#ACHNetwork
, a vital part of our nation’s economy, is operating normally and fully prepared to meet the challenges at hand and those yet to come. Watch our President and CEO Jane Larimer's State of Nacha and the ACH Network:
Help us to celebrate today's
#payments
successes and solve tomorrow's challenges. The deadline to submit entries for the NACHA Challenge and the NACHA Excellence in Payments Award is Friday, Feb. 16!
Learn more:
#fasterpayments
As an AAP, Brad Smith, Nacha’s Senior Director of Industry Engagement and Advocacy, brings deep industry experience of all things
#payments
. He focuses on helping
#nonprofits
increase their sustaining donors by tapping into
#ACHGiving
. Learn about AAPs at:
Did you hear? Nacha is teaming up with
@wisebread
to host a Tweetchat Thursday, Dec. 10, at 3PM ET. Don’t miss your chance to win $300 in prizes and learn how you can use
#DirectDeposit
and Split Deposit to financially prep for 2021.
#DirectDepositDelivers
We are so grateful to
@ModernTreasury
for sponsoring our
#Payments2022
mobile app! This support will help make this year’s Smarter Faster Payments the best yet. There’s still time to register:
B2B payments were a major driver in ACH Network growth this quarter, with volume increasing 12.3% compared to Q2 2021. Check out the latest ACH Network numbers:
A thoughtful keynote from
@ImMollyBloom
during lunch at
#Payments2023
about the many unplanned paths that our lives can take. Thank you to
@WellsFargo
for your generous sponsorship.
We’re proud to announce another quarter of impressive ACH Network performance. In Q4 of 2019, 6.4 billion ACH Network payments valued at nearly $14.7 trillion were conducted!