Accounts, Electronic Fund Transfer Act (EFTA) and Nacha Rules

What is an EFT Payment? Everything to Know About This Method of Payment

Stax

JULY 9, 2024

An Electronic Funds Transfer is an umbrella term for payments that are conducted electronically—essentially, any payment method except for cash and paper checks. EFT payments are transactions between the sender and receiver that transfer funds electronically from the sender’s bank account to the receiver’s.

Electronic Fund Transfer Act (EFTA)

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer

5 Benefits of ACH Payments Over Check Payments

Stax

NOVEMBER 11, 2024

ACH transfers, or payments made through the Automated Clearing House network, account for billions of dollars in payments annually. In fact, NACHA, the nonprofit that governs the ACH payments network reported 6.1% Setting up ACH payments is easy with a great merchant account service like Stax. in Q4 2021.

ACH

ACH Checks Identity Theft Payments

Payments Space

What is an EFT Payment? Everything to Know About This Method of Payment

5 Benefits of ACH Payments Over Check Payments

Webinars

Stay Connected