Understanding EDI Payments: Key Differences from ACH and EFT Transactions
EBizCharge
JULY 18, 2024
EDI vs ACH EDI payments refer to the process and standards for exchanging business documents electronically, including the transfer of funds. Meanwhile, ACH is a specific network for moving funds between banks in the United States. All ACH transactions are forms of EFTs, but not all EFTs are ACH transactions.
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