Stax

MARCH 27, 2025

Payments can also be made to local vendors via electronic bank transfers, or fund global transactions with wire transfers. Another EFT type that businesses rely on is ACH. What makes ACH different from other electronic payment methods? With its unique structure, ACH transfers work well for improving business cash flow.

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ACH Electronic Funds Transfer (EFT) Wire Transfer Wire 88

Payment Savvy

NOVEMBER 14, 2022

How Does an Electronic Check Work? An electronic check is part of a large electronic banking system and a subset of transactions referred to as electronic fund transfers (EFTs). At this stage, funds are withdrawn from the customer’s checking account and transferred to the business’s account.

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Checks Direct Deposit ACH Online and Mobile Banking 52

Payment Savvy

DECEMBER 11, 2023

What Is ACH Bank Transfer?: ACH transfers are electronic, bank-to-bank money transfers processed through the ACH network. This network serves as a batch-processing system, allowing banks and financial institutions to aggregate and process these transactions efficiently. How to Initiate an ACH Bank Transfer?

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ACH Wire Transfer Direct Deposit Wire 52