Posted by NationalACH on Dec 10, 2010

ACH Payments Popular 

According to NACHA, the ACH network grew by 3.1 percent in the third quarter of 2010 compared to the third quarter of 2009.

Approximately 3.89 billion transactions worth more than $7.8 trillion were transmitted during the third quarter of 2010.  There were 2.32 billion debits and 1.57 billion credits, for a total of 3.89 billion.  

These figures represent a change of 3.1 percent and 7.1 percent, respectively, compared to the same quarter of 2009. The statistics include commercial inter-bank and government transactions, but not “on-us” transactions.

How ACH Processing Works

The ACH network is a batch processing, store-and-forward system, governed by NACHA. The ACH networks provides for interbank clearing of electronic payments for participating depository financial institutions.

Transactions received by a financial institution during the day are stored and processed later in a batch mode. Rather than sending each payment separately, ACH payment transactions are accumulated and sorted by destination for transmission during a predetermined period.

The ACH network faster processing than paper checks, which must be physically handled. Instead of using paper to carry necessary transaction information, ACH transactions are transmitted electronically between financial institutions through data transmission.

ACH Payments Include

  • Direct Deposit of payroll, Social Security and other government benefits, and tax refunds
  • Direct Payment of such consumer bills as mortgages, loans, utility bills, and insurance premiums
  • Business-to-business payments
  • e-Checks
  • e-Commerce payments
  • Federal, state, and local payments


ACH are the most common alternative payment method for US consumers. Millions of Americans use the ACH network to pay for goods & services.

ACH payments are convenient for consumers. And economical for you.

Interested in an ACH account for your business?

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