The modern ACH Network is thriving! In 3Q 2024: ✅ 8.4 billion ACH payments were processed, totaling $21.5 trillion in value. ✅ 355.2 million payments were made via Same Day ACH, totaling $844 billion in value. ✅ An increase in volume was seen across all major ACH Network payment categories, including a 12.6% and 7.8% increase in business-to-business and healthcare claim payments respectively. See how the modern ACH Network continues to grow: https://hubs.la/Q02TJdtG0
Nacha
Banking
Reston, Virginia 18,150 followers
Nacha governs the thriving ACH Network, the payment system that drives safe, smart and fast Direct Payments.
About us
Nacha is a nonprofit organization that convenes hundreds of diverse organizations to enhance and enable electronic payments and financial data exchange within the U.S. and across geographies. Through development of rules, standards, governance, education, advocacy, and in support of innovation, Nacha’s efforts benefit the providers and users of those systems. Nacha governs the thriving ACH Network, the payment system that drives safe, smart, and fast Direct Deposits and Direct Payments with the capability to reach all U.S. bank and credit union accounts. There were 31.5 billion ACH Network payments made in 2023, valued at $80.1 trillion. Through problem-solving and consensus-building among diverse payment industry stakeholders, Nacha advances innovation and interoperability in the payments system. Nacha develops rules and standards, provides industry solutions, and delivers education, accreditation, and advisory services.
- Website
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http://www.nacha.org
External link for Nacha
- Industry
- Banking
- Company size
- 51-200 employees
- Headquarters
- Reston, Virginia
- Type
- Nonprofit
- Founded
- 1974
- Specialties
- electronic payments, ACH Network, NACHA Operating Rules, Education, AAP accreditation, and Rulemaking
Locations
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Primary
11951 Freedom Drive
Suite 1001
Reston, Virginia 20190, US
Employees at Nacha
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Les (Larry) Smith
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Victoria D.
Chief Communications Officer (CCO) at Nacha
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Rob Abrams
Managing Director - Global Industry Lead & General Manager Mobility Payment Solutions @ JPMorgan Chase | Payments Expert | NACHA Board Member |…
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Kerry Sellen, AAP, APRP
Payments Consultant at Nacha Consulting
Updates
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Urgent: Voting ends soon! Helping us select a winner of the Spotlight! Payments Video Challenge is your chance to make a difference in the fight against financial scams. Vote now through Dec. 27. https://hubs.la/Q0309NGb0 Center for Payments FICO ICBA
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Countdown alert! Only 6 days remain to cast your vote in the Spotlight! Payments Video Challenge. Support impactful videos that stand against scammers. Watch and vote here: https://hubs.la/Q0309Gg80 Center for Payments FICO ICBA #StandAgainstScammers #SpotlightPaymentsVideoChallenge
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We’re in the final stretch! Only 7 days left to vote for your favorite Spotlight! Payments Video Challenge submission. Your choice helps highlight the importance of preventing financial scams. Watch and vote here: https://hubs.la/Q0309Gny0 Center for Payments FICO ICBA #StandAgainstScammers #Spotlight!PaymentsVideoChallenge
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In 2024, Phixius transaction volumes first surpassed 5 million transactions. #PaymentsInnovation #CelebrateNacha #FunFactFriday https://hubs.la/Q02_spS30
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Limited time offer! Want to visit the Audubon Aquarium, the National WWII Museum or participate in a New Orleans Ghost Tour? Register for #Payments2025 by January 2 and you could win a visit to one of New Orleans' most unique attractions in our Frosty Frolic Raffle. Take advantage of our early registration fees and join the raffle before this offer melts away! Enter now and secure your spot at Smarter Faster Payments 2025: https://hubs.la/Q02_2xLP0
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Help us celebrate creativity and awareness in the fight against financial scams! Vote now in the Spotlight! Payments Video Challenge. We want to know what you think! Vote here: https://hubs.la/Q0309NBn0 Center for Payments FICO ICBA #StandAgainstScammers #SpotlightPaymentsVideoChallenge
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In 2023, ACH payment volume exceeded 31 billion payments valued at more than $80 trillion. #DYK 2023 marked the 11th consecutive year in which ACH Network value increased by more than $1 trillion! #PaymentsInnovation #CelebrateNacha #ThrowbackThursday https://hubs.la/Q02_syhD0
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Exciting news! Nacha is a recipient of the inaugural Best Companies Group’s America’s Best Workplaces in 2025 Award! This award goes out to our entire team for their hard work and dedication. To be nationally recognized as an organization with exceptional workplace culture and high employee satisfaction is a great honor. “Our team does some incredible work, and Nacha has worked hard to create and maintain a culture that places a high value on employee satisfaction. Being recognized for these efforts on a state level has been rewarding. To now be acknowledged on a national level is incredibly gratifying,” said our CEO, Jane Larimer. Congratulations to the Nacha team! https://lnkd.in/e28UewQN
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In 2022, the Same Day ACH limit increased to $1 million, enabling even more businesses to utilize and benefit from the ACH Network while ensuring their payments continue to be delivered fast, safe and secure. #PaymentsInnovation #CelebrateNacha https://hubs.la/Q02_rkDc0 Do you have a Same Day ACH story? #DYK we expect over 1 billion Same Day ACH payments in 2024?