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How to Choose Between EFT vs ACH: A Comprehensive Guide

Stax

A cash shortage, a payment delay, and limited payment options. Thats why 92% of consumers and 82% of companies reportedly made the switch to electronic payments, like Electronic Funds Transfers (EFT) and Automated Clearing House (ACH). EFT and ACH payments are fast, secure, and hassle-free. In 2024, it processed 1.2

ACH
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Analysts Press For Corporate Payers, Banks And FinTechs To Collaborate

PYMNTS

Their 2017 survey contains data points that all point to one conclusion: Companies are forced to reshape their payment strategies thanks to a combination of factors, including the rising threat of payments fraud, increased globalization and high payment volumes. But how businesses reshape their payment practices varies.

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Corporates Play Payment Rail Musical Chairs

PYMNTS

The coronavirus pandemic has some organizations playing payment rails musical chairs in their accounts payable (AP) departments as they adjust payment strategies (and methods) to suit their needs in a volatile, remote working environment. Just which payment rail they will migrate to, however, remains unclear.

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Healthcare Leans Into Faster Payments

PYMNTS

Curing payment pains associated with complicated medical billing gets to the heart of how payments technology is moving medical money in smarter, faster ways. Real-Time Payments Get Healthy. Despite widespread efforts to malign the paper check, it’s still a staple in healthcare payments and a prime cause of slow-moving money.

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Where Faster Payments Fits Between B2B Buyers And Suppliers

PYMNTS

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. That’s not to say that small- to medium-sized business (SMB) invoice payment challenges are any easier to overcome. The result?