Payment Savvy

NOVEMBER 9, 2022

Setting up direct deposit for your paycheck. Transferring money between your own accounts at different banks. Today, many different types of EFT services are available, ranging from direct deposit to online banking. Direct Deposit. Electronic Checks. Paying your car loan or insurance premium.

Online and Mobile Banking 98

Online and Mobile Banking Wire Transfer Direct Deposit ACH 98

EBizCharge

JUNE 3, 2024

For businesses , EFTs simplify the payment process by allowing direct payments, reducing the administrative workload associated with handling paper checks and enhancing the speed at which transactions can be settled. EFTs enable businesses to execute payroll functions, vendor payments, and even customer refunds effortlessly.

Funds Transfer 52

Funds Transfer Electronic Fund Transfer Act (EFTA) Electronic Funds Transfer (EFT) Wire Transfer 52

Stax

NOVEMBER 11, 2024

These transactions usually process within one to three business days and are most commonly used for payments such as direct deposits for payroll, recurring bill payments, and B2B invoice payments. Simply put, check payments are the analog version of ACH transfers.

ACH 88

ACH Checks Identity Theft Payments 88