A one time debit entry to the account of a receiver where the entry is initiated at an electronic terminal. POS transactions are generally initiated with a...Learn More
DFA (Dodd-Frank Act)
The Dodd-Frank Act was made effective in 2010 to promote financial stability in the U.S. by increasing accountability and transparency.
Any company, organization or entity authorizing an originator to initiate an ACH credit or ACH debit transaction.Learn More