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Keywords:
Checkout,
Ecommerce,
Explanatory,
Aba,
Check
electronic version of a paper check, used for online transactions. Enter the routing number (also called ABA code) and account number in the fields provided during checkout. Click for an explanatory diagram
an electronic check
an electronic funds
a new electronic version of a paper check
a type of direct debit where the purchaser validates their checking account and transfers the money directly to a seller for goods or services
An E-Check is a form of payment that deducts funds directly from your own standard checking account. eCheck services are usually managed by third party companies that interface with a number of different banks. An echeck provides a more fraud resistant option in terms of ecommerce transactions.
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