ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire
Stax
SEPTEMBER 17, 2024
ACH transfers can either be direct deposits (ACH credit transactions) or direct payments (ACH debit transactions). A typical ACH transaction is like a machine with multiple moving cogs. ACH payment example Imagine you have a recurring bill that you need to settle every month (such as a mortgage, for example).
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