What Is a E-Wallets and How Does It Work?

The biggest question is, what exactly is an e-wallet? Let's start with the basics. E-Wallets are like real wallets except they're used to pay for things electronically as opposed to using cash or credit cards. So you're basically talking about online accounts that allow people to make electronic transactions and...

What is Facebook Pay?

Facebook has introduced a new payment system called Facebook Pay to enable its users to buy and sell goods on the World Wide Web. Users will be able to use their credit or debit card, PayPal or Apple Pay to purchase items from authorized businesses that offer the service. They...

ACH vs EFT: Is There a Difference?

Although ACH and EFT are both examples of electronic funds transfer, they serve two very different purposes. With that in mind, it's important to understand when one may be better suited for a particular business case than the other. Below is a list of differences between ACH and EFT: ACH...