Understanding EDI Payments: Key Differences from ACH and EFT Transactions
EBizCharge
JULY 18, 2024
ACH vs EFT ACH is a form of EFT, but EFT is a broad category encompassing different electronic payment types, including ACH. All ACH transactions are forms of EFTs, but not all EFTs are ACH transactions. Cybersecurity is critical, as financial data is particularly sensitive and attractive to cybercriminals.
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