Remove ACH Network Remove CashApp Remove Electronic Fund Transfer Act (EFTA)
article thumbnail

What Is an EFT Payment?

Payment Savvy

P2P payments are electronic payments made between two individuals without needing a financial institution. Many different platforms facilitate P2P payments; Paypal and CashApp are two popular examples. Benefits of Electronic Payments for Your Business. So, an ACH payment is just one example of an EFT.