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ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire

Stax

The sender pays a fee and there’s no law limiting bank fees charged on wire transfers. ACH streamlines direct deposit for employees with standing authorization and approved employee expense compensation. Remember, ACH transfers have lower costs and some banks provide free ACH processing.

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The True Cost of Non-Compliance in Cannabis Payments

Evolve Payment

Federal law still classifies cannabis as a Schedule I substance, meaning that traditional banking and payment solutions remain out of reach for dispensaries and cannabis-related businesses. Compliant processors and reputable merchant service providers have the expertise your business needs to stay within the boundaries of the law.