Remove Account Takeovers Remove Electronic Fund Transfer Act (EFTA) Remove Identity Theft
article thumbnail

5 Benefits of ACH Payments Over Check Payments

Stax

Not only does this pass through more hands and take more time than an electronic ACH payment , but there is also a huge amount of personal information present on a paper check, exposing the payer to potential identity theft. Beyond the inconvenience of mailing a paper check, there is an increased risk of identity theft.

ACH 88