Navigating the ACH Landscape: Understanding Payment Types and Payment Codes
EBizCharge
SEPTEMBER 18, 2024
Any transaction where the consumer initiates payment via a web-based platform would use A WEB code, such as online bill pay services, eCommerce purchases, subscription payments, and payments made through mobile banking apps or digital wallets like PayPal or Apple Pay. and be processed through the ACH network in some capacity.
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