Stax

MARCH 27, 2025

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.). Regardless of whether you choose EFT, ACH, or both, working with a payment processor is important.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wire 88

Stax

JULY 9, 2024

To accept card payments, you’ll need a trusted payment processor to provide the hardware and software needed to process the transactions. With payment trends continuing to evolve, the most important move you can make is to choose a payment processor with modern hardware and software that can scale to your business needs.

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

Fi911

JANUARY 4, 2024

The Electronic Fund Transfer Act (EFTA) Enacted in 1978, EFTA regulates bank responses to consumer complaints and sets liability limits for lost or stolen debit cards. It was a response to emerging technologies like ATMs, electronic POS terminals, and remote banking.

Disputes 102

Disputes Laws Rules Governance 102

Stax

SEPTEMBER 24, 2024

And you don’t have to share the profits with a third-party payments processor. Non-discriminatory – Federal regulations like the Electronic Funds Transfer Act (EFTA) have guidelines in place to ensure that cash discounts are offered to all customers who pay using cash without discriminating against customers who pay using credit.

Credit Cards 88

Credit Cards Electronic Fund Transfer Act (EFTA) Push-to-Card Debit Card 88

Stax

NOVEMBER 11, 2024

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. The EFTA outlines a set of rights and responsibilities for both the consumers and businesses involved in ACH payments.

ACH 88

ACH Checks Identity Theft Payments 88