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Automated Clearing House (ACH) is a subset of EFT in the United States that moves funds through the ACH network. Interconnecting 10,000 US banks and credit unions, this network continues to receive high demand. In 2024, it processed 1.2 What makes ACH different from other electronic payment methods?
It’s meant to incentivize customers to pay using cash and reduce the costs associated with accepting electronic payment methods. On the other hand, surcharging passes the processingcost to the customer. On the other hand, surcharging passes the processingcost to the customer.
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