E Check

E-Check

WebDynamic™ Web Glossary

An E-Check is the electronic equivalent of a paper check that can be used when parties and banks are connected to an electronic network. E-Check is a form of payment that deducts funds directly from your own standard checking account. E-Check 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.