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What WorksTM for Computers & SoftwareElectronic Check ProcessingHow businesses can save time and money by processing checks electronically from a computer instead of going to the bank.
What is Electronic Check Processing? Electronic check processing means that you can convert a paper check received from a customer into an electronic transfer (sometimes called an e-check) that takes funds from your customer's account and places them into your account. (You may have seen transactions of this type on your checking statement.) This transfer takes place via the Federal Reserve Bank’s Automated Clearing ...
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