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ACH Operator
ACH operator is the term used to describe the switching mechanism within the settlement network that provides information to the network participants. The ACH operator calculates the...
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Check-by-Phone
Check by Phone or “checks by phone” is the patented process of recreating and printing a check without having the original paper check. Check by Phone payments are remotely authorized and do not require the signature of the payer. Learn more about Check by Phone here.
Related Terms
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Business Day
Refers to any weekday with the exception of federal holidays.
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