Key Takeaways What Exactly Is EFT? EFT: The Broad Payment Highway Everyday EFT Examples You Use Why EFTs Simplify Finances Decoding ACH: A Closer Look ACH: A Specific EFT Lane How ACH Payments Flow Who Governs ACH in the US? ACH: My Go-To for Regular Payments ACH vs. EFT: The...

Key Takeaways Payfac companies simplify payment processing for U.S. businesses of every shape and size, allowing them to accept credit card and other electronic payments with less hassle. They manage compliance, underwriting, and risk management, removing the regulatory burden from merchants and increasing their onboarding times. Specifically, U.S.-based Payfac solutions...

Key Takeaways Payment facilitators (payfacs) simplify electronic payment acceptance for businesses, streamlining onboarding and integrating secure payment gateways with merchant accounts. Payfacs protect businesses from the burden of regulatory compliance, risk, and data security by managing regulatory compliance and fraud detection. Managed payfacs provide great scalability, flexibility, and technology, allowing...

Key Takeaways What is Canadian EFT? 1. Defining Electronic Funds Transfer 2. Key Features of EFT in Canada 3. Common Canadian EFT Types 4. EFT vs. Other Payment Rails 5. Why EFT is Vital for Canada How Canadian EFT Operates The EFT Transaction Journey Who’s Involved in EFT? Canada’s EFT...