ACH Continued Growth in 2017


The ACH Network continued to grow in 2017, posting more than a billion new payments for the third consecutive year. The Network processed 21.5 billion transactions valued at nearly $47 trillion last year, according to a recent release from NACHA—The Electronic Payments Association.

Transaction value grew by almost 6%, while its value increased by roughly 7% year-over-year. “2017 marks another significant achievement in the evolution of the ACH Network, as transaction volume was exceptionally strong and Same Day ACH was made fully available,” said NACHA Chief Operating Officer and General Counsel Jane Larimer in the release.

Business-to-business transactions increased by 5.6% in 2017, totaling 3.3 billion transactions. Same Day ACH grew by nearly 500%. Since 2012, total ACH volume has increased by nearly five billion transactions, and ACH value has jumped just shy of $10 trillion dollars since that time. The 2017 growth rate is the highest since 2008.

“The continued robust growth comes as no surprise as the ACH Network continues to evolve to meet the needs of financial institutions, businesses and consumers,” added Larimer.

-Michael Miller, managing editor

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