Convenience Fees

These fees allow for the quick offset of transaction processing costs for methods of payment that are outside of a business’s traditional methods. Learn More

Related Terms

  • Banking Day

    A day on which the development financial institution (DFI) is open to the public and performing a majority of their banking functions, or, in the case of...

    Learn More

  • TEL (Telephone Initiated Entries)

    A standard entry class code that enables the originator to initiate a single entry debit to a consumer’s account pursuant to a consumer’s oral authorization obtained over...

    Learn More