Say you want to send a relative money for their birthday, but they live across the country and dropping a check in the mail feels too risky. You may decide to make an electronic, person-to-person ...

With so many dollars floating in the ether at the touch of a button, it’s important to understand how your money is sent and received in this digital age. Transferring funds can be convenient, but ...

ACH (Automated Clearing House) payments are authorized electronic funds transfers between financial institutions that credit or debit an account. Electronic payments can save your business time and ...

Any time you move money from your bank to another party's bank, it is considered a transfer. There are two ways you can choose to transfer that money -- ACH or wire transfer. Here, we'll break down ...

Last month, the CFPB updated its Electronic Fund Transfers FAQs that address compliance with the Electronic Fund Transfer Act (EFTA) and Regulation E. The FAQs ...

Payment processing can be daunting for small business owners, but it doesn’t have to be. Credit and debit cards are the most common form of payment, especially for online services. But it’s beneficial ...

Article 4A of the Uniform Commercial Code does not govern debit transactions or consumer transactions, but understanding Article 4A is crucial to understanding electronic transfers. Processing Content ...