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For example, Zelle is a popular payment processing system that uses ACH transfers. It only lets you send $500 and receive $5,000 per week if you're not using it through your bank or credit union.
Although Internet transactions have become a highly popular form of payment on the automated clearing house network, the emergence of direct debit online may stunt the growth of Web ACH transactions, ...
NACHA, the rules-setting organization for the ACH, has an existing code for such transactions, the POS code. Other examples of using the ACH for debit card processing have emerged over the years. In ...
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