eChecks

Overview

eChecks are used as an electronic network for financial transactions Worldwide. eChecks processes large volumes of both credit and debit transactions, which are originated in batches.

Uses of the eChecks payment system:

    * Debit card transactions
    * Direct deposit of payroll, Social Security and other government benefits, and tax refunds
    * Business-to-business (B2B) payments
    * E-commerce payments
    * Federal, state, and local tax payments
    * Bank Treasury management departments sell this service to business and government customers