ACH Payments Are Moving and Growing Even Faster

By end of 2018, financial institutions that offer Same Day ACH (SDA) credit origination to businesses will grow to 75 percent

BOSTON--()--Automated Clearing House (ACH) transfers have proven to be both easy and affordable methods of moving money. In addition to easy and affordable, they are now faster and more widely used by financial institutions (FIs) and their business and consumer customers. PYMNTS, in collaboration with NACHA – The Electronic Payments Association, developed the Same Day ACH Use and Demand Study to examine the current use and demand for SDA in the United States.

Of the 125 responding U.S. FIs – predominantly community banks and credit unions - the initial findings show adoption of SDA products to be quite strong. The study also found that no FI experienced an increase in fraud due to any SDA products being implemented.

By the end of 2018, 75 percent of FIs plan to allow businesses to originate same-day ACH credit transactions, up from the 43 percent that currently offer it.

SDA has had a positive impacts thus far, as the study indicates that more than one-third of all FIs are currently processing ACH returns in a same-day window. And, although it won’t be made mandatory until March 2018, two-thirds of FIs are meeting the requirement of making funds available by 5:00 p.m. local time.

The study found that 25 percent of FIs have yet to implement SDA credit origination because their core processor or software vendor has not yet enabled the service.

In addition to examining what FIs have done so far in terms of SDA credit for both businesses and consumers, the Same Day ACH Use and Demand Study uncovers future plans for ACH debit origination. Fifty percent of FIs plan to make SDA debit origination available for account-to-account (A2A) transfers in the near future.

The Same Day ACH Use and Demand Study Fast Facts:

  • Forty-three percent of FIs currently offer SDA credit origination to businesses. This is expected to increase to 75 percent by the end of 2018.
  • Two-thirds (66.7 percent) of FIs are already making same-day ACH (SDA) funds available by 5:00 p.m. local time.
  • The percentage of FIs allowing consumers to push SDA credit payments — for both bill pay and person-to-person (P2P) applications — is expected to grow to 25 percent by the end of 2018.
  • Twenty-five percent of FIs do not currently offer SDA origination to business customers due to their core processor or software vendor not having yet enabled the service.

Download the report or learn more about Same Day ACH by visiting the Same Day ACH Resource Center.

PYMNTS is where the best minds and the best content meet on the web to learn about “What’s Next” in payments and commerce. Our interactive platform has reinvented the way that companies in payments, commerce and retail share relevant information about initiatives that make news and shape the future. Our data and analytics team includes economists, data scientists and industry analysts who work with companies to measure and quantify the cutting-edge innovation of this new and dynamic commerce ecosystem.

About NACHA—The Electronic Payments Association
NACHA—The Electronic Payments Association is the steward of the ACH Network – one of the largest, safest and most reliable payment systems in the world. The ACH Network creates value and enables innovation by universally connecting all U.S. financial institutions, and moving money and information directly from one bank account to another. In 2016, there were 25 billion ACH payments made that moved $43 trillion. NACHA also brings together diverse organizations to develop rules and standards to benefit payments ecosystem participants, including Electronic Benefits Transfer (EBT) and healthcare Electronic Funds Transfer (EFT). By collaborating with other standards organizations and geographies, NACHA facilitates compatibility and integration with U.S. payments. Visit for more information.


Alexander Terzian, +1 774-219-6132


Alexander Terzian, +1 774-219-6132