ACH Network Electronic Fund Transfer Act (EFTA) NACHA 
Stax
MARCH 27, 2025
TL;DR: Electronic Funds 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 ACH Network. In 2024, it processed 1.2 billion payments, reaching a total value of $3.2
Stax
NOVEMBER 11, 2024
ACH transfers, or payments made through the Automated Clearing House network, account for billions of dollars in payments annually. In fact, NACHA, the nonprofit that governs the ACH payments network reported 6.1% According to NACHA, most ACH transfers process the same or next-day.
Stax
JULY 9, 2024
Regulatory and Compliance Issues with EFT Payments Regulatory and compliance issues surrounding EFT payments are critical for ensuring the security and integrity of electronic transactions. ACH payments Another commonly used EFT payment type includes transactions conducted through the ACH network.
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