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BOC (Back Office Conversion)
A BOC entry is a one time debit entry to the account of a receiver whom has, at the point of purchase, been notified that their check...
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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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FDCPA (Fair Debt Collection Practices Act)
Approved in 1977, the Fair Debt Collection Practices Act allows for legal consumer protection against abusive debt collection practices.
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