The volume of ACH transactions continued its climb in Q3 2018, according to NACHA – The Electronic Payments Association. The growth included the use of Same Day ACH processing, which grew by 192% over the same period last year when Same Day ACH debits were being introduced. ..

Just like staffing companies, not all providers of ACH processing for payroll are the same. At Cachet Financial Services, ACH processing and directly related services for the payroll industry are all we do, processing $150 billion annually for more than 110,000 employers across the United States. ..

As the popularity of Same Day ACH processing continues to grow, the voting membership of the organization that administers the ACH Network has voted to increase both the hours and the dollar limits for ACH transactions. ..

Businesses and consumers drove an increase in ACH transactions over the second quarter of 2018 to a growth rate of 6.2% over Q2 2017, NACHA–The Electronic Payments Association® reported. The increase was one of the highest growth rates in a decade. ..

With four consecutive surveys of financial institutions finding no increase in fraud as the result of same-day ACH processing, the volume of same-day transactions is expected to continue its climb, according to NACHA–The Electronic Payments Association. ..

With more than 5.7 billion ACH transactions consummated in the first quarter of 2018, including a dramatic jump in same-day ACH transactions, payroll providers may want to consider their options for obtaining secure, reliable and cost-effective ACH processing services. ..