GITNUX MARKETDATA REPORT 2024
Ach Transaction Duration Average Statistics
The average duration of all Ach transactions.
In this post, we explore key statistics surrounding ACH transactions, shedding light on the trends and volumes within this payment ecosystem. From the impact of the COVID-19 pandemic on transaction volumes to the growth in commercial transactions and the speed of processing, these data points provide valuable insights into the world of ACH payments.
Statistic 1
"As of 2020, average daily ACH payment volume is over 90 million transactions."
Statistic 2
"In Q2 2020, ACH transactions fell by 7.2% due to COVID-19."
Statistic 3
"In 2019, there were 24.7 billion ACH transactions, an increase of 7.7% from 2018."
Statistic 4
"The Clearing House had 14.7 million ACH transactions in 2020."
Statistic 5
"Commercial ACH transactions totaled 18.6 billion in 2019, up by 9.4% from the previous year."
Statistic 6
"As of 2020, 93% of ACH transactions were processed on the same day."
Statistic 7
"An average ACH transaction takes 1-2 days to clear."
Statistic 8
"As of 2020, 84% of payroll is made through Direct Deposit via ACH."
Statistic 9
"In 2015, the ACH network processed 24 billion electronic payments, worth about $41.6 trillion."
Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
