What is an ACH Deposit and How Does It Work?
Stax
APRIL 23, 2024
While some direct deposit apps, such as Zelle, Venmo, and PayPal charge their users for same-day transactions and deposits, the Automated Clearing House eliminates the middleman and encourages ease in banking. Step 4: Payment processing Once the RDFI approves the fund’s amount, the direct payment will be processed.
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