E-Check (or echeck)

E-Check payments are ACH payments that originate via the internet, telephone, point-of-sale (POS), or bill payment sent through the mail or unattended lockbox. For mail and lockbox payments, the paper check is not deposited, but converted into an ACH debit. Learn more about e-check payments here.

Related Terms

  • ACH Debit

    An ACH debit occurs when the receiver’s account is debited.

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  • RCK (Re-presented Check)

    An additional presentment of an eligible returned paper check through the ACH network.

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