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ACH Payment vs Wire Transfer: What’s the Difference and Which Payment Method Should You Use?

Stax

According to a 2023 study by Forrester , 69% of online adults in the US said they’d used electronic payments at least once in the past three months. Brainy Insights valued the digital payments market at $102.60 Your bank sends the ACH files with the payment details based on the ACH instructions to the utility company (merchant).