ACH Debit

ACH Debit

An ACH debit occurs when the receiver’s account is debited.

Related Terms

  • ACH Operator

    ACH operator is the term used to describe the switching mechanism within the settlement network that provides information to the network participants. The ACH operator calculates the...

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  • Cardholder

    A cardholder refers to the person to whom a credit or debit card is issued.

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