90% of Surveyed Banks Report Same Day ACH Origination Volume Is Higher Than Or As Anticipated
New survey results released this week by NACHA show that Same Day ACH usage is strong, with 80 percent of respondents expecting to see steady growth in 2017.
Twenty-three financial institutions, representing 63 percent of ACH Network origination volume, participated in a qualitative survey during December 2016 and January 2017 about Same Day ACH, an industry solution to move payments faster. Across the board, Same Day ACH has seen strong performance and usage, with 90 percent of respondents saying the volume of origination services was the same or higher than expected, and 83 percent saying the same about volume received. Read more.