Expert Opinion - January Edition
In the ever-evolving landscape of business-to-business (B2B) payments, the Automated Clearing House (ACH) Network has demonstrated continued growth, solidifying its status as a robust and reliable payment acceptance tool. In the second quarter of the current year, the ACH Network witnessed an impressive 4.3% increase, facilitating a staggering 7.8 billion payments totaling $20 trillion—a 2.9% rise compared to the same quarter in 2022. Notably, B2B payments saw notable growth, surging by 10.4% to surpass 1.6 billion transactions, illustrating the enduring trajectory of double-digit expansion in this sector.
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