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. Therefore, a solid data backup strategy is essential to mitigate risks.
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