ACH Credit

An ACH credit occurs when the receiver’s account is credited.

Related Terms

  • Hosted Tokenization

    Hosted tokenization enables payments inside of software applications to be processed without exposing the actual payment information, such as a credit card number. Learn More

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  • MICR (Magnetic Ink Character Recognition)

    The information printed on a check in magnetic ink. The MICR information helps MICR scanners retrieve important information from the check including the routing number, account number...

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