Remove ACH Network Remove Bank Routing Number Remove Electronic Banking
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ACH vs. EFT Payments: What’s the Difference?

Payment Savvy

What Exactly is an ACH? Depending on your end goal, there are a few different types of ACH. They pretty much break down into ACH payments and ACH transfers, both encompassed within the ACH network. For an ACH fraud, scammers need to acquire simply an account number and bank routing number.

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What Is an Electronic Check?

Payment Savvy

With an electronic check, money is electronically transferred from the payer’s checking account to the seller’s checking account, where it is directly deposited after passing through the national ACH network. As an eCheck comes in an electronic format, it requires fewer steps to process it. Bank account details.

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