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

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wires 88

Stax

JULY 9, 2024

To accept card payments, you’ll need a trusted payment processor to provide the hardware and software needed to process the transactions. ACH payments Another commonly used EFT payment type includes transactions conducted through the ACH network. One of the most frequently asked questions we see is, are EFT payments safe?

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

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% The ACH network is governed by a variety of regulatory bodies. in Q4 2021.

ACH 88

ACH Checks Identity Theft Payments 88