ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire
Stax
SEPTEMBER 17, 2024
If you had to scratch your head to answer this question, you’re among 9 in 10 Americans who prefer digital transactions over traditional payment methods. TL;DR ACH is cost-effective and ideal for recurring payments, with transfer times ranging from 1-3 business days. These transactions are processed through a clearing house.
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