Xero — Stripe ACH payments

www.zdnet.com

Xero users can now accept ACH payments on their Xero invoices. Here's how it works: 

Stripe uses a form of tokenization to keep the sender's bank details private from the recipient of the invoice. The invoice payee then logs into their bank account and pays the required amount. Once the payment is cleared, the funds are sent to the Xero customer's bank account, the transaction details are matched and reconciled, and the invoice is marked as paid.


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