Payments

From sending money safely across town or across the globe to getting paid to supporting your fave charities, here’s w...

A person learns the differences between an ACH vs. wire transfer.

A simple guide to ACH vs. wire transfers: 9 key differences

ACH and wire transfers are both ways to send payments electronically — wire transfers are processed in real time, while ACH transfers take one to three days.
Wire transfers move funds directly between financial institutions via global networks, and the ACH (Automated Clearing House) processes ACH transfers, operating only in the U.S.
Wire transfers typically have higher fees and daily transfer limits, while ACH transfers are more affordable with lower daily limits.

AuthorPayPal Editorial Staff

A man sits at his desk and takes a picture of a check.

What is a deposit? 10 simple ways to deposit money into an account

A bank deposit is when a person or business gives their money to a bank for safekeeping.
There are several standard ways to deposit money: in person, at an ATM, and online.
For those without bank accounts or looking for different ways to deposit money, alternative options exist, like using pre-paid debit cards and money orders.

AuthorPayPal Editorial Staff

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