Payment Glossary

Convenience Fees

These fees allow for the quick offset of transaction processing costs for methods of payment that are outside of a business’s traditional methods. Learn More

Related Terms

  • Originator

    A company, individual or entity that initiates entries into the ACH network.

    Learn More
  • RCK (Re-presented Check)

    An additional presentment of an eligible returned paper check through the ACH network.

    Learn More