Keyword Analysis & Research: ach

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Frequently Asked Questions

Is ACH the same as an echeck?

Despite this similarity, eCheck and ACH aren’t exactly the same thing. An eCheck is simply a form of online payment. In this case, money is electronically withdrawn from the payer’s checking account, transferred over the ACH network, and then deposited into the payee’s checking account.

What are the uses of an ACH?

Some of the most popular reasons to use ACH debit include: No need to remember to make payments No need to write out checks (and no need to re-order checks once you've used them all) No need to mail payments and pay postage No need to wait for the postal service to deliver payments or worry about lost mail Easier to track payments since payee names appear on your bank statement or financial software More items...

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