What is a Manual EFT?
A manual EFT (Electronic Funds Transfer), also known as manual transfer or Direct Deposit, is a payment made from your online banking portal or app to a business bank account. This is different from a regular Pay by bank payment in that customers must leave your app or site and open their banking app or portal to make a payment.
This payment is made outside of the Stitch flow and directly paid to your beneficiary account.
Typically, manual EFTs take 1-3 days to clear.
Comments
0 comments
Article is closed for comments.