Inquiring minds want to know - could you elaborate on the various items or services that one can purchase using an ACH payment? Is it solely restricted to online retail purchases or can it encompass more traditional payment methods like bills and invoices? I'm particularly curious about its applicability in the
cryptocurrency and finance realm. Does it facilitate investments in digital assets or does it have a more limited scope? Clarifying these points would greatly assist in understanding the versatility of ACH payments.
6 answers
Giulia
Wed Jul 24 2024
It facilitates various money transfers, ranging from direct deposits of paychecks to automatic deductions for recurring bills.
Stefano
Wed Jul 24 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services.
Stefano
Wed Jul 24 2024
This system allows for seamless payments between individuals and businesses, offering a convenient and secure way to handle finances.
BitcoinBaroness
Wed Jul 24 2024
For businesses, ACH provides a cost-effective means to process payments.
KpopStarlet
Wed Jul 24 2024
Customers can authorize payments by providing their account number and bank routing number, enabling businesses to debit their accounts for services rendered.