E-Check

in #paperlast year

A paper check that can be processed more quickly and with less waste is known as an "E-check." An E-Check uses the ACH network to electronically transfer funds from the payer's checking account and deposit them straight into the seller's account. Electronic check processing allows you to transform a paper check you've received from a client into an electronic transfer using the data on the paper check. Electronic checks integrate the infrastructure and procedures used for paper checks with the security, quickness, and processing effectiveness of all electronic transactions. Taking electronic checks is a safer and more effective option than accepting paper checks as it is both quicker and less expensive.

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