Remove Electronic Fund Transfer Act (EFTA) Remove Processing Costs Remove Volume
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How to Choose Between EFT vs ACH: A Comprehensive Guide

Stax

Automated Clearing House (ACH) is one type of EFT that processes payments in batches through the ACH Network. To choose the right payment method, consider transaction volume, transfer speed, cost, and security. Checks can get lost without a trace, but electronic transfers leave behind a digital trail.

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What is a Cash Discounting Program and How Does It Work?

Stax

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.

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5 Benefits of ACH Payments Over Check Payments

Stax

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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