GITNUX MARKETDATA REPORT 2024
Ach Transfer Duration Statistics
The average duration for ACH transfers is typically between 1 to 3 business days.
In this post, we will explore a collection of significant statistics related to ACH transfers, shedding light on various aspects of this popular payment method. From processing volumes to transaction sizes and growth trends, these statistics offer valuable insights into the world of ACH payments. Let’s dive in to uncover the latest data and trends in the realm of electronic transfers.
Statistic 1
"Large international wire transfers via ACH Network can take up to two weeks to complete."
Statistic 2
"Same Day ACH transactions represented 3.7% of total ACH Network volume in Q3 2020."
Statistic 3
"ACH transfers processed 300 million transactions in 2016."
Statistic 4
"Unauthorized ACH Return rate was 0.03% in Q2 2020."
Statistic 5
"Business-to-business (B2B) ACH transfers grew by 15.3% in 2020."
Statistic 6
"Health care payments via ACH increased 10.2% in 2020."
Statistic 7
"Internet-initiated payments via ACH were up by 13.8% in 2020."
Statistic 8
"Less than 1% of ACH Payments are returned as errors."
Statistic 9
"In 2021, Same Day ACH payment limit increased to $1 million per transaction."
Statistic 10
"Same-day ACH transactions totaled 250.4 million in 2020."
Statistic 11
"In Q4 2020, ACH payment volume increased 8.8% as compared to Q4 2019."
Statistic 12
"The average ACH transfer size was $2,293 in 2020."
Statistic 13
"55% of organizations use same-day ACH for payroll."
Statistic 14
"Business-to-business ACH payments accounted for about 23% of all ACH payments made in the U.S. in 2018."
Statistic 15
"In 2020, the ACH Network processed 26.8 billion payments."
Statistic 16
"Financial Institutions' ACH transfer fees usually range from $0 - $3."
Statistic 17
"In 2019, there was a 7.7% increase in the total number of ACH transactions."
Statistic 18
"Same Day ACH payments reached record high in August 2020 with 59 million payments."
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.
