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

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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

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5 Benefits of ACH Payments Over Check Payments

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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% This also makes ACH payments ideal for high-value transactions. in Q4 2021.

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