ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire
Stax
SEPTEMBER 17, 2024
According to Mordor Intelligence , the electronic payments industry was valued at $7.36 trillion in 2030. This is no surprise since electronic payments are more efficient, cheaper, and straightforward. TL;DR ACH is cost-effective and ideal for recurring payments, with transfer times ranging from 1-3 business days.
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