NACHA Reports Strong ACH Volume Growth in Q3 2018

The number of ACH payments totalled more than 5.6 billion in the third quarter of 2018, a 6.7% increase over Q3 2017, according to NACHA. The ACH Network’s strong performance is driven in large part by online and business-to-business (B2B) payments.

More than 3.3 billion ACH debit and nearly 2.3 billion ACH credit payments were made in the third quarter of 2018. During this same period, B2B payments increased nearly 10% with over 896 million payments completed. Healthcare EFT payments, a healthcare industry standard for claim payments from insurers to providers, also increased by 10% to 77 million payments. In addition to B2B growth, online ACH payments increased by 14% and totalled 1.5 billion.

There were 43.2 million Same Day ACH payments made in the third quarter of 2018, an increase of 192% compared to the same time period in 2017, when Same Day ACH debits were being introduced. Same Day ACH credits have been available since September, and increased by 90% in the third quarter of 2018.