Day: 23 March 2022

What are EFT and ACH in Payments?

What does ACH and EFT mean? ACH stands for Automated Clearing House, which is an electronic network used for financial transactions in the United States. ACH transactions enable the transfer of funds between banks or financial institutions through a batch processing system. It facilitates various types of transactions, including direct deposits, bill payments, business-to-business payments, […]