Payment Savvy

DECEMBER 11, 2023

Whether it’s receiving your paycheck through direct deposit or paying your bills online, ACH payment solutions have become an integral part of our daily lives. Read on and learn everything you need to know about ACH transfers , including their types, benefits, potential downsides, and their alternatives.

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Payment Savvy

AUGUST 6, 2024

While the concept of banking dates back to ancient times, the number assigned to an account as a digital identifier emerged with computerized banking in the 1960s. Bank accounts could be traced as far back as ancient Mesopotamia, but the need for digital account numbers became apparent with the rise of electronic banking.

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Accounts Debit Card Wire Transfer Credit Cards 52

Payment Savvy

NOVEMBER 8, 2022

An EFT, or rather an Electronic Funds Transfer, is a type of digital payment between banks or banking institutions of a very broad description and is used by private individuals and businesses alike. So, it is a broad term for any electronic, digital payment, and it has become way more widespread over the last few years.

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