Same Day ACH Volume September 2017

Published: October 18, 2017

Document Details:

NACHA released initial transaction volume data for newly implemented Same Day ACH debit transactions in its first 11 processing days of operation from Sept. 15-30, 2017. Volume reports show that nearly 2 million Same Day ACH debits were made, equating to an average of more than 178,000 per processing day. The estimated total value of the initial transactions was nearly $1.5 billion, with an average of $650 per payment. Over the same time period, nearly 94 percent of transactions were consumer-to-business debits, with business-to-business payments making up the remaining payments.

Tagged: Same Day ACH