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the ACH in 2016, representing a 5.3 percent increase in
Insider’sreport volume and 5.1 percent growth in total value when com-
pared with 2015.
on payments: Janet O. Estep, NACHA's President and CEO, credited the

start of same-day ACH with actions that spurred 2016
growth. A transition to same-day ACH settlement options,
announced in 2014, began in September 2016 with ACH
credits. "The volume figures show strong use of same-day
ACH in its first few months of activity, and broad use,"
Estep said. "When same-day ACH debits become available
ACH volume tops 25 billion, in September of this year, we expect to see the same trend
continue, and anticipate even stronger and more variety in
faster payments advance the use of same-day ACH."

By Patti Murphy In reality, same-day transactions contributed little to the
annual tally, which is not surprising since they only started
ProScribes Inc. flowing through the network during the final quarter.
According to NACHA's data, the same-day ACH option
he automated clearing house (ACH) system was used for slightly over 13 million credit payments
may finally be reaching its stride. In April 2017, totaling just under $17 billion. Direct deposit payments
NACHA – The Electronic Payments Association made up 52 percent of those transactions, NACHA said.
T released ACH transaction tallies, revealing that Business-to-business (B2B) transactions accounted for 32
for the first time, the ACH network moved more than 5 percent of same-day traffic; person-to-person payments
billion payments per quarter last year. In all, 25.6 billion (P2P) were 13.5 percent of the total; consumer bill payments
transactions totaling $43.7 trillion in value were sent via represented just 2 percent of same-day ACH items.