ACH Processing, Debit Transaction and Venmo

ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire

Stax

SEPTEMBER 17, 2024

ACH is a digital extension of the paper check and is often referred to as auto-pay, direct debit, and direct deposit. ACH transfers can either be direct deposits (ACH credit transactions) or direct payments (ACH debit transactions). They can range between 1% and 1.5%, but capped at $5.

Wire Transfer

Wire Transfer Wire Wires ACH

The True Cost of Non-Compliance in Cannabis Payments

Evolve Payment

APRIL 2, 2025

What About Other Workarounds Like PIN Debit & P2P? Cashless ATMs arent the only non-compliant tactic used for cannabis payment processing. Other workarounds cannabis businesses use include PIN debit transactions and peer-to-peer apps like Venmo, PayPal, and Zelle.

Compliance

Compliance ATM ACH Payments

Payments Space

ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire

The True Cost of Non-Compliance in Cannabis Payments

Webinars

Stay Connected