Cryptocurrency Q&A
Who allows ACH payments?
Who allows ACH payments?
Valentino
Mon Jul 22 2024
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6 answers
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Who exactly grants the authorization for Automated Clearing House (ACH) payments to be processed? Is it the individual banks involved in the transaction, or is there a central regulatory body that oversees and approves of these transactions? Do merchants have the ability to initiate ACH payments directly, or is this process typically managed by payment processors? I'm curious to understand the chain of authority and approval that enables ACH payments to occur smoothly and securely, as well as any specific requirements or restrictions that might apply. Could you elaborate on the entities involved in authorizing and enabling ACH payments?
6 answers
GyeongjuGrace
Wed Jul 24 2024
BTCC, a UK-based cryptocurrency exchange, caters to the needs of this evolving financial landscape.
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Daniele
Wed Jul 24 2024
Cryptocurrency and finance are intertwined in today's global market.
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CryptoNinja
Wed Jul 24 2024
ACH transfers, a popular mode of fund movement, are widely accepted by numerous US banks and financial institutions, including credit unions.
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Maria
Wed Jul 24 2024
These transfers offer a convenient and cost-effective means for individuals and businesses to manage their finances.
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emma_anderson_scientist
Tue Jul 23 2024
BTCC provides a comprehensive range of services, including spot trading, futures contracts, and secure digital wallets.
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