ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.
ETFOptimize | HOME
Close Window
Recent Quotes
My Watchlist
Indicators
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Same Day ACH Reaches New Heights as ACH Network Volume Increases

By: via Business Wire

Same Day ACH reached new heights of payment volume and value as the modern ACH Network posted significant volume and value increases in the second quarter of 2024, Nacha reported.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240718839204/en/

There were 8.3 billion ACH payments in the second quarter, an increase of 6.3% over the same time period in 2023. The dollar value of these ACH payments totaled $21.6 trillion, a 7% increase.

Same Day ACH exceeded 100 million payments in a month for the first time in April 2024, with 107.8 million. April also had the highest monthly value ever of Same Day ACH payments ($293 billion) and the highest average daily volume (4.9 million).

In the second quarter of this year there were a total of 292.3 million Same Day ACH payments, up 46.6% from a year earlier. Same Day ACH payment values rose 31.1% to $803.3 billion for the second quarter.

“We cannot overstate the impact Same Day ACH is having to help meet America’s faster payment needs,” said Jane Larimer, Nacha President and CEO. “The proof is in the numbers that clearly show that Same Day ACH continues to gain acceptance among users of the payments system.”

Growth in ACH business-to-business (B2B) payments also continued, with 1.8 billion payments in the second quarter, an increase of 10.9% from 2023.

About Nacha

Nacha governs the thriving ACH Network, the payment system that drives safe, smart, and fast Direct Deposits and Direct Payments with the capability to reach all U.S. bank and credit union accounts. There were 31.5 billion ACH Network payments made in 2023, valued at $80.1 trillion. Through problem-solving and consensus-building among diverse payment industry stakeholders, Nacha advances innovation and interoperability in the payments system. Nacha develops rules and standards, provides industry solutions, and delivers education, accreditation, and advisory services.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  247.81
+0.43 (0.17%)
AAPL  260.17
+0.80 (0.31%)
AMD  208.04
+4.87 (2.40%)
BAC  54.99
-0.86 (-1.54%)
GOOG  330.19
+1.05 (0.32%)
META  648.52
-4.54 (-0.70%)
MSFT  479.55
+0.27 (0.06%)
NVDA  185.15
+0.29 (0.16%)
ORCL  205.94
+7.42 (3.74%)
TSLA  448.44
+3.44 (0.77%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.
© 2025 FinancialContent. All rights reserved.


 
IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.