R23 Return Code in ACH Payments: Meaning, Causes, and How to Fix It
by Cheqly team
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ACH Return Code R23
The Automated Clearing House (ACH) Network is the core payment system in the United States. In Q1 of 2026, there were 403 million same-day ACH payments, which is 23.6% higher than in Q1 of 2025. The total value of those transactions is $1.1 trillion. At this scale, even a few unresolved transactions can create significant … Continued