That is because there is no official governing standard called âglobal ACHâ or âinternational ACH.â. What most people mean when discussing âGlobal ACHâ is the direct deposit of funds into a cross-border bank account through that countryâs basic clearing mechanism. In the United States, NACHA (National Automated Clearing House Association) manages the ACH network of transactions for all the banks in the US. The equivalent of ACH in Europe is SEPA, the Single Euro Payments Area, which consists of 35 participating countries (with specific exclusions of certain territories).
Quick Answer. Social media is a two-way form of communication that allows users to interact with the information being transmitted. Social media encompasses a wide variety of online content, from social networking sites like Facebook to interactive encyclopedias like Wikipedia. Continue Reading.
Now that we have answered the question of what is social media, we can move on to social media websites. Because social media is such a broad term, it covers a large range of websites. But the one common link between these websites is that you are able to interact with the website and interact with other visitors.