The ACH Network’s volume exceeded 100 million ACH payments per day for the first time in February 2019.
ACH volume in the first quarter was 6 billion payments: 3.5 billion debits and 2.5 billion credits. Internet-initiated payments rose 10.3% to 1.6 billion. There was registered an increases of more than 9% in both B2B payments overall and in healthcare claim payments, to 927 million and 78 million, respectively. According to the press release, there was also a more than 25% jump in P2P transactions to nearly 36 million.
In addition, there were 52.7 million Same Day ACH payments, up 24% from the same period in 2018.
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