The monetary value of commercial, government and consumer payments handled by the two automated clearing house networks in the US—the Federal Reserve’s FedACH service and the Electronic Payments Network (EPN) business of The Clearing House Payments Company—totaled $76.700 trillion in 2022. Payment transactions reached 30.00 billion. Financial institutions process “on-us” transactions when they own both the deposit account of the payer and the recipient. On-us transactions would add between 14% and 16% to the monetary value and payment transaction figures for FedACH and EPN cited abo...