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TL;DR: ElectronicFunds Transfer (EFT) is the umbrella term for all electronic payments made between bank accounts. Automated Clearing House (ACH) is one type of EFT that processes payments in batches through the ACHNetwork. EFT comes in many forms that suit different business needs.
With an electronic check, money is electronically transferred from the payer’s checking account to the seller’s checking account, where it is directly deposited after passing through the national ACHnetwork. As an eCheck comes in an electronic format, it requires fewer steps to process it.
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