These differences make each type of transfer more appropriate for different purposes. Key takeaways ACH transfers and wire transfers are both types of electronic funds transfers (EFTs).

Both ACH and wire transfers are designed to make moving money faster and more secure. Knowing the subtle differences between the two can help you make the best decision when you have business to ...

While multiple options exist, understanding the differences between ACH, wire transfers, and other electronic payments helps businesses make informed financial decisions.

ACH transfers fall under Electronic Funds Transfers (EFTs), but EFTs also include wire transfers, credit/debit card transactions, and peer-to-peer (P2P) payments.