Electronic Fund Transfer Act (EFTA) International Payments Wire Transfer 
Stax
MARCH 27, 2025
Digital wallets, peer-to-peer (P2P) payments, and debit card payments are great for quick, everyday customer transactions. Payments can also be made to local vendors via electronic bank transfers, or fund global transactions with wire transfers. Another EFT type that businesses rely on is ACH.
Payment Savvy
NOVEMBER 9, 2022
Wire Transfer. A wire transfer may be the best option if you need to send or receive a large sum of money quickly. A wire transfer is an EFT payment method made through the SWIFT network. Wire transfers are secure and fast, but there are fees involved that make them unsuitable for small payments.
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