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—reached $80.100 trillion in 2023, up 4.4%. Payment transactions reached 31.50 billion, up 4.8%. The “on-us” transactions handled by financial institutions when they own both the deposit account of the payor and the recipient add about 15% to the monetary value and number of payments processed by the FedACH and EPN cited above as well as in the table ...