Understanding EDI Payments: Key Differences from ACH and EFT Transactions
EBizCharge
JULY 18, 2024
Funds between banks are transferred efficiently, contributing to faster settlement and cost savings for both parties. What are the differences between EDI, ACH, and EFT payments? 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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