EDI payments

[rivzz]

Hey everyone, I've been hearing a lot about EDI payments lately. Does anyone know exactly what they are?

[alita]

Yeah, I’ve come across them in my work. EDI stands for Electronic Data Interchange. It’s a way for businesses to exchange documents electronically in a standardized format.

[granny]

Right. EDI payments https://corefy.com/glossary/edi-payments specifically refer to the transfer of payment information between companies using this system. It’s a part of the broader EDI framework that includes invoices, purchase orders, and other business documents.