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Monthly ACH volume has hit an all-time high, topping 2 billion transactions and $4.5 trillion in payments in August, according to NACHA – The Electronic Payments Association.

Those numbers represent a 10% increase in transaction volume and a 12% increase in dollar value over August 2017. NACHA said it's on track to add more than a billion new ACH payments for the fourth year in a row.

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