Image volume on the SVPCO check image network fell last month for the first time in at least a year, according to The Clearing House Payments Co. LLC, which operates the network.
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The number of images sent through the network fell 3.2% from August, to 255.3 million, though it more than tripled from a year earlier, The Clearing House said last week.
The value of the images fell 5.9% from August, to $427.8 billion.
Volume from the Federal Reserve banks dropped 4.1%, to 50.6 million images.
The SVPCO network's image volume had been increasing steadily since it went live in February 2005.
