Finance Forum, eFinancialDistrict Forum
Profile :: Log in to check your private messages :: Log in
Details about Electronic Check Coversion

 
Post new topic   Reply to topic    eFinancialDistrict Forum Index -> General Finance Discussions
Author Message
sharon silvea



Joined: 29 Oct 2007
Posts: 1

PostPosted: Mon Oct 29, 2007 6:06 am    Post subject: Details about Electronic Check Coversion Reply with quote

Electronic check conversion is a way of using checks where money is taken immediately from the customer's bank account and deposited into the store or business's bank account, electronically.
How its work Electronic check conversion works by scanning the check on a scanner, such as those used for credit cards. The check does not need to be filled out. The electronic check conversion software then reads the information about the bank and the account to make the monetary withdrawal. The check is voided and returned to the customer. The retailer does not keep the paper check. i think my forums give some information about Electronic check conversion, its work and effective Smile
_________________
Electronic Check Conversion
Back to top
Display posts from previous:   
Post new topic   Reply to topic    eFinancialDistrict Forum Index -> General Finance Discussions All times are GMT
Page 1 of 1

 



Ask an Expert 2.0.11 © 2001, 2002 phpBB Group

efinancialdistrict.partnership: Associate Degree in Accounting | Finance Forum
efinancialdistrict.commerce: Mortgage Refinance | Consolidate Student Loan | Bad Credit Auto Loans | Mortgage Refinance Loans | Reverse Mortgage | Home Equity Loan | Credit Cards