Payments News

Same-Day ACH Debits Already Account for Almost Half of Same Day Volume, NACHA Reports

Jan 12, 2018

Same-day processing for both credits and debits on the automated clearing house network finished its first full quarter on Dec. 31, and numbers released Thursday show a solid increase in volume and dollars. In particular, same-day debits, introduced Sept. 15 , are growing fast and finished the final quarter accounting for nearly half of all same-day transactions.

All told, financial institutions handled 75.1 million same-day credits and debits in 2017, of which 18.3 million were debits, according to the numbers released by NACHA, the Herndon, Va.-based governing body for the ACH. Same-day dollars processed totaled $87.1 billion in value, with $72.5 billion stemming from credits and the balance from debits.

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