Understanding EDI Payments: Key Differences from ACH and EFT Transactions
EBizCharge
JULY 18, 2024
Understanding the differences between EDI payments, ACH, and EFT is crucial when considering the electronic transfer of funds. EDI vs ACH EDI payments refer to the process and standards for exchanging business documents electronically, including the transfer of funds. EDI is an EFT method that focuses on inter-company communication.
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