TLDR: ACH payments for business are electronic bank-to-bank transfers processed through the U.S. Automated Clearing House (ACH) network, which is governed by Nacha. Businesses use ACH credits to send payments,...
TLDR: EFT is best for scheduled, high-value transfers at scale, such as payroll, vendor payouts and recurring billing, processed in batches over 1 to 4 business days. Interac e-Transfer® for...