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5 Benefits of ACH Payments Over Check Payments

Stax

NACHA also requires businesses to take responsibility for reversals in the event of errors or duplicate transactions. Businesses are expected to have procedures in place to promptly address and reverse erroneous ACH payments, maintaining integrity and trust in the ACH network.

ACH 88
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California Adopts Digital Financial Assets Law

Global Fintech & Digital Assets

Other various categories of actors are exempt from the DFAL, such as banks, trust companies, payment processors, registered broker-dealers, entities regulated by the Commodity Futures Trading Commission, and clearing agencies registered or exempted pursuant to federal securities laws.

Laws 52