B2B Payments

ACH Volume On The Rise

In 2013, ACH volume grew to almost 22 billion electronic payments, an increase of 4% over 2012 volume. A total of $38.7 trillion supporting consumer, business and government payments was transferred over the ACH Network in 2013, almost a 5% increase since 2012.

Jan Estep, president and CEO of NACHA, commented that “the ACH Network has grown into a robust payments system facilitating the adoption and advancement of electronic payments”.

In 2013, the volume of B2B transactions increased 6.7% over 2012. Corporate Trade Exchange volume specifically grew 10.6% and cash, concentration and disbursement volume grew 6.6%. Addenda record use associated with these payments grew as well, increasing almost 10% across both transaction categories. The healthcare payments via ACH rule, which was effective in September 2013, contributed to some of the CCD growth. This rule complements and supports the healthcare electronic funds transfer (EFT) and electronic remittance advice (ERA) standards designated by the Department of Health and Human Services (HHS), and the healthcare operating rules for EFT and ERA.  The rule identifies healthcare EFTs (payments from health plans to healthcare providers) processed through the ACH Network, supporting needs of both the financial services and the healthcare industries.  In the last quarter of 2013, there were 20.5 million healthcare EFTs totaling $99.2 billion.

Estep remarked further about the increase saying, “new rules…underscore the flexibility of the Network and the value of the remaking process in expanding and diversifying offerings to meet the challenging needs of Network users.

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