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How to Choose Between EFT vs ACH: A Comprehensive Guide

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For example, ACH transfers use the Automated Clearing House network, while debit card transactions rely on either a card network (Visa or Mastercard) or a payment processor (Paypal, Stripe, etc.). Plus, you can reverse or cancel ACH payments in cases of fraudulent transactions or duplicate payments.

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5 Benefits of ACH Payments Over Check Payments

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NACHA also requires businesses to take responsibility for reversals in the event of errors or duplicate transactions. Federal Regulations Impacting ACH Payments ACH payments are also subject to federal laws, most notably the Electronic Fund Transfer Act (EFTA) and its implementation through Regulation E.

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