The information on an e-check, also called a direct debit, is identical to that on a paper cheque; however, the entire transaction is handled online. The eCheck is a terrific method to modernize your accounts receivable (AR) processes while improving the payment experience for customers. It is quicker than a paper cheque and less expensive to process than credit cards. The National Automated Clearing House... Source: 10 months ago
An e-check may also be referred to as a direct debit, electronic cheque, ACH payment, or ACH transfer. It is a technique for electronically processing a paper cheque payment through the ACH network using the information on the cheque. Have you ever wondered how an e-check works? Actually, it's not that difficult. You can use electronic cheque processing to submit a customer's routing and account number (the... Source: 11 months ago
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