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Automated Clearing House (ACH) payments are a type of electronicbank-to-bank payment system in the US. Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA).
Read on and learn everything you need to know about ACH transfers , including their types, benefits, potential downsides, and their alternatives. What Is ACHBank Transfer?: ACH transfers are electronic, bank-to-bank money transfers processed through the ACH network.
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