Cryptocurrency Q&A
What is the risk of paying with ACH?
What is the risk of paying with ACH?
EtherWhale
Mon Jul 22 2024
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7
answers
1480
Could you elaborate on the potential risks associated with paying via Automated Clearing House (ACH)? As a consumer or business, it's important to understand the full spectrum of risks involved when utilizing this payment method. Could there be issues with fraud, delays in processing, or potential for funds to be misdirected? Are there additional risks specific to cryptocurrency transactions processed through ACH? I'd appreciate a thorough breakdown of the various factors one should consider before choosing to pay via ACH.
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