How do services like Square link bank accounts to people's personal accounts? Is there some API they're plugging into? Is this the same as ACH?

1 Answer 1


Is this the same as ACH?

It's not "the same as ACH", it is ACH. All the transfers to and from your bank accounts to Square/PayPal/other bank accounts go through ACH. The exception is wire-transfer, which goes in a different (and much faster, and more expensive) route.


You must log in to answer this question.

Not the answer you're looking for? Browse other questions tagged .