Stax

MARCH 27, 2025

ACH Credit or direct deposit refers to when the payer pushes funds into the recipients bank account or credit union account. Businesses use this to set up automatic payments for payroll, regular vendor transactions, and bill payments. You want to simplify payroll processing and government deposits.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wire 88

EBizCharge

JUNE 3, 2024

EFTs enable businesses to execute payroll functions, vendor payments, and even customer refunds effortlessly. They provide peace of mind for those making electronic payments, whether in the comfort of their home or through transactions across the globe. What is the Electronic Funds Transfer Act (EFTA)?

Funds Transfer 52

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

Payment Savvy

NOVEMBER 9, 2022

The Electronic Fund Transfer Act (EFTA) is a federal law that establishes the rights and responsibilities of individuals who use EFT services. Your employer will provide your bank account information to their payroll department for a direct deposit. What is a one-time electronic funds transfer payment?

Online and Mobile Banking 98

Online and Mobile Banking Wire Transfer Direct Deposit ACH 98

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