Electronic Fund Transfer Act (EFTA) Processing Costs Volume 
Stax
SEPTEMBER 24, 2024
It’s meant to incentivize customers to pay using cash and reduce the costs associated with accepting electronic payment methods. On the other hand, surcharging passes the processing cost to the customer. On the other hand, surcharging passes the processing cost to the customer.
Stax
NOVEMBER 11, 2024
ACH transfers, or payments made through the Automated Clearing House network, account for billions of dollars in payments annually. in payment volume growth in Q4 2021. When you’re selling products or services that cost thousands of dollars, you end up paying hundreds of dollars in credit card fees. in Q4 2021.
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