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ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire

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If you had to scratch your head to answer this question, you’re among 9 in 10 Americans who prefer digital transactions over traditional payment methods. trillion in 2021 and is expected to grow at a CAGR of 11.08% to hit $15.27 And on that note, two of the most common modes of electronic funds transfer are ACH and wire transfers.