The way we pay is changing, and it's changing quickly. Recently, there has been a clear movement from card networks to direct bank payments (A2A) because of the increase in A2A transactions all around the world. A2A works directly between bank accounts with no card payment intermediaries, leveraging open banking...
How Do ACH Payments Work?
Automated clearing house (ACH) is a Web-based payment clearing system that handles financial transactions. The system handles the exchange of money between customers, lenders, banks, utility companies and other institutions. When someone buys a product or service online, the payment is sent through the ACH system and cleared. Learn more...