ACH Payment vs Wire Transfer: What’s the Difference and Which Payment Method Should You Use?
Stax
JUNE 27, 2024
ACH is also the technology behind most peer-to-peer money transfer services in the US, including Paypal, Zelle, Cash App, and Venmo. All banks in the network have to follow rules and guidelines set by the National Automated Clearing House Association (NACHA). The bank then completes the payment on behalf of the customer.
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