Cross-Border Payments Direct Deposit Electronic Banking 
Stax
JANUARY 17, 2024
Automated Clearing House (ACH) payments are a type of electronic bank-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).
PYMNTS
MARCH 16, 2016
A large portion of this trend can only be made possible by innovators and traditional financial institutions coexisting — whether it’s a digital “Pay Now” button on an invoice that facilitates electronic direct deposits or it’s mobile B2B payments operating on underlying bank infrastructure.
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