ACH Reversals vs. ACH Returns: What’s the Difference?
EBizCharge
OCTOBER 17, 2023
The most common transactions sent over ACH include electronic funds transfer (EFT), employee payroll direct deposits, and electronic bill payments. Outside of commercial applications, ACH is also heavily used by the U.S. government to send payments such as tax refunds, Social Security benefits, and other government assistance programs.
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