Stax

MARCH 27, 2025

TL;DR: Electronic Funds Transfer (EFT) is the umbrella term for all electronic payments made between bank accounts. Automated Clearing House (ACH) is one type of EFT that processes payments in batches through the ACH Network. Another EFT type that businesses rely on is ACH. No cash or checks needed.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wires 88

PYMNTS

OCTOBER 1, 2020

Here are five fast facts that PYMNTS' study uncovered about demand for both a modern digital disbursements experience and the implications for businesses that do — and don’t — make them part of their payments strategy. 1: Instant disbursements as a percentage of all non-tax disbursements in the U.S. Fast Fact No.

Instant Payments 122

Instant Payments Payee Same Day ACH Non-Bank 122

PYMNTS

MARCH 5, 2018

Business-to-business (B2B) trade, especially when deals occur across borders, expose businesses to all sorts of risks, like non-payment (on the supplier’s side), or non-deliver (on the buyer’s side). This reduces risk, as a regulated bank is handling money. The supplier would be at risk [of non-payment].”.

Risk 42

Risk Cross-Border Non-Bank B2B 42

PYMNTS

SEPTEMBER 8, 2016

Same Day ACH is on the cusp of entering the market, blockchain startups are making their visions a reality with bank partners and the financial services industry as a whole, it seems, is ready to make payments faster and more digital. But in B2B payments, are corporates ready to participate in this new ecosystem?

Same Day ACH 40

Same Day ACH ACH Payments AFP 40