ACH payment statistics

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11 years 8 months ago - 11 years 8 months ago #11352 by Garrett Simmons
It was at some multi family conference in late 2012 where I heard a statistic on ACH payments. Something along the lines of after a residents' initial ACH payment, it holds an 80% retention rate. Meaning out of the residents that do choose to use ACH payment, 80% of them will continue to do so for the length of their lease.

Anyone have a source on this data? Am I close?

Thanks!
11 years 8 months ago - 11 years 8 months ago #11352 by Garrett Simmons