FedNow - Quarterly Data
                                                                                                                  Average
                                                                                                 Average            Daily
                                                   Value                         Average          Daily             Value
                               Quarterly            of            Quarterly       Value          Volume              of
                  Total         Volume            Settled           Value           per             of            Settled
                 Settled        Growth           Payments           Growth        Payment        Settled          Payments
   Quarter       Payments      (percent)            ($)           (percent)         ($)          Payments            ($)
   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:Q3        5,564                          4,776,756                         859             75              64,551

The quarter that the transaction occurred is determined by the calendar date of the transaction final datetime (i.e., the time of settlement of the transaction)
"Include all customer credit transfers
Excludes payment returns
Excludes liquidity management transfers
Includes settled payments only