ACH vs. EFT Payments: What’s the Difference?
Payment Savvy
NOVEMBER 8, 2022
The main types of EFT include banking, mobile banking (such as Venmo, Stripe, and Paypal), digital wire transfers, and transferring between bank accounts. Using your debit card to buy groceries or withdraw cash from an ATM is technically an EFT in the broader sense. Platforms Used. What Is an EFT Payment?
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