ACH vs. EFT Payments: What’s the Difference?
Payment Savvy
NOVEMBER 8, 2022
In the late seventies, the US government passed an act known as the EFTA, confirming various consumer protections for different methods of ‘electric’ money. Under this act, the following payment options are protected under the EFTA; Electronic Checks. This would be classed as an ACH payment.
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