Understanding EDI Payments: Key Differences from ACH and EFT Transactions
EBizCharge
JULY 18, 2024
This method is often used in business-to-business (B2B) , where companies exchange payment documents such as invoices and purchase orders electronically instead of as paper documents. ACH vs EFT ACH is a form of EFT, but EFT is a broad category encompassing different electronic payment types, including ACH.
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