An electronic check is one form of what
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An electronic check is a form of payment made via the internet that is designed to perform the same function as a conventional paper check. One of the more frequently used versions of the electronic check is the direct deposit system offered by many employers.
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An electronic check is one form of payment made through the internet.
Explanation for the answer:
- An electronic check is a type of payment which is made through the internet.
- It is one form of online banking.
- It is that designed basically to perform the similar function as a conventional paper check.
- The most widely used versions of the electronic check is the direct deposit system which is offered by many employers.
- It relies on the Automated Clearing House (ACH) network to evaluate and process the payments.
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