What Is an ACH Payment Facilitator?
Stax
JANUARY 17, 2024
Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. In Q3 of 2023, the total volume of payouts on ACH networks reached 7.8
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