Check-by-Phone

Check by Phone or “checks by phone” is the patented process of recreating and printing a check without having the original paper check. Check by Phone payments are remotely authorized and do not require the signature of the payer. Learn more about Check by Phone here.

Related Terms

  • Interchange

    Interchange is a small fee paid by a merchant's bank (acquirer) to a cardholder's bank (issuer) to compensate the issuer for the value and benefits that merchants...

    Learn More
  • RDFI (Receiving Depository Financial Institutions)

    A financial institution qualified by the National Automated Clearing House Association (NACHA) to receive ACH transactions.

    Learn More