As a payment system that universally connects all U.S. bank accounts, the ACH Network supports a tremendous amount of transactions. Between Same Day ACH and core ACH payments, the transaction volume on the ACH rails has been steadily rising.
To learn more about the ACH Network’s growth, and to better understand the difference between faster payments, real-time payments, and Same Day ACH, PaymentsJournal sat down with Michael Herd, senior vice president of ACH Network Administration at Nacha.
Joining us in the conversation was Sarah Grotta, director of the Debit and Alternative Products Advisory Service at Mercator Advisory Group.