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5 Benefits of ACH Payments Over Check Payments

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These transactions usually process within one to three business days and are most commonly used for payments such as direct deposits for payroll, recurring bill payments, and B2B invoice payments. Simply put, check payments are the analog version of ACH transfers. The ACH network is governed by a variety of regulatory bodies.

ACH 88
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What is an EFT Payment? Everything to Know About This Method of Payment

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Regulatory and Compliance Issues with EFT Payments Regulatory and compliance issues surrounding EFT payments are critical for ensuring the security and integrity of electronic transactions. EFT payments have been around for many decades and have federal laws to protect the electronic transfer of funds.