ACH vs. EFT Payments: What’s the Difference?
Payment Savvy
NOVEMBER 8, 2022
An EFT, or rather an Electronic Funds Transfer, is a type of digital payment between banks or banking institutions of a very broad description and is used by private individuals and businesses alike. Paypal and Venmo are good examples of P2P platforms, both of which have simplified the process of sending money.
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