FedNow® Service Volume and Value Statistics
Last updated on July 6, 2026
- Transfers represent settled customer credit transfers only.
- Calendar day is used instead of business day.
Other Formats
Annual FedNow Service Statistics
| Year | Total Settled Payments | Annual Volume Growth (percent) | Value of Settled Payments ($) | Annual Value Growth (percent) | Average Value per Payment ($) | Average Daily Volume of Settled Payments | Average Daily Value of Settled Payments ($) |
|---|---|---|---|---|---|---|---|
| 2025 | 8,413,402 | 458.9 | 853,411,108,511 | 2134.2 | 101,435 | 23,050 | 2,338,112,626 |
| 2024 | 1,505,250 | 38,196,907,431 | 25,376 | 4,113 | 104,363,135 | ||
| 20231 | 47,262 | 18,433,363 | 390 | 285 | 111,044 |
Quarterly FedNow Service Statistics
| Year | Total Settled Payments | Annual Volume Growth (percent) | Value of Settled Payments ($) | Annual Value Growth (percent) | Average Value per Payment ($) | Average Daily Volume of Settled Payments | Average Daily Value of Settled Payments ($) |
|---|---|---|---|---|---|---|---|
| 2026:Q2 | 4,997,811 | 83.2 | 274,663,803,964 | 1.3 | 54,957 | 54,921 | 3,018,283,560 |
| 2026:Q1 | 2,728,510 | 10.6 | 271,252,920,121 | 7.7 | 99,414 | 30,317 | 3,013,921,335 |
| 2025:Q4 | 2,466,494 | -1.6 | 251,776,175,998 | -18.1 | 102,079 | 26,810 | 2,736,697,565 |
| 2025:Q3 | 2,506,002 | 17.6 | 307,275,281,996 | 25.0 | 122,616 | 27,239 | 3,339,948,717 |
| 2025:Q2 | 2,130,889 | 62.7 | 245,759,303,513 | 405.7 | 115,332 | 23,416 | 2,700,651,687 |
| 2025:Q1 | 1,310,017 | 43.1 | 48,600,347,003 | 140.8 | 37,099 | 14,556 | 540,003,856 |
| 2024:Q4 | 915,263 | 172.0 | 20,181,963,324 | 15.4 | 22,050 | 9,949 | 219,369,167 |
| 2024:Q3 | 336,487 | 115.6 | 17,491,272,167 | 3453.3 | 51,982 | 3,657 | 190,122,524 |
| 2024:Q2 | 156,076 | 60.2 | 492,250,054 | 1466.6 | 3,154 | 1,715 | 5,409,341 |
| 2024:Q1 | 97,424 | 133.6 | 31,421,885 | 130.1 | 323 | 1,071 | 345,295 |
| 2023:Q4 | 41,698 | 13,656,608 | 328 | 453 | 148,441 | ||
| 2023:Q32 | 5,564 | 4,776,756 | 859 | 75 | 64,551 |