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Clients only need to swipe a card at your point-of-sale (POS) terminal or enter their bank account number into your website (Initiation). What makes ACH different from other electronic payment methods? With its unique structure, ACH transfers work well for improving business cash flow.
The significance of EFT transfers lies in their ability to facilitate immediate access to funds on nearly any given businessday. This immediate access is essential for both individuals and businesses to manage cash flows , make timely payments, and maintain financial stability.
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