Remove ACH Operations Remove Electronic Funds Transfer (EFT) Remove Payer
article thumbnail

What is ACH Credit and ACH Debit and How Do They Work?

Stax

Of the two types of ACH transfers, an ACH debit tends to be favored by firms expecting regular ongoing payments. The payer gets the benefit of the ACH system guaranteeing their direct payment, so there is minimal risk and ACH debit transactions are usually completed within two days of initiation.

ACH 88