eChecks: what are they and how to use them for online payments
Online shopping has taken over the world, so it was only logical for online payment methods to do the same. Online payments have become an easy process, as we have PayPal, Skrill, and eChecks widely available. eChecks, in particular, have stood out as one of the most convenient ways to pay for goods, services, or entertainment. They are quick, easy, and don’t require you to spend much time on your Android phone. Here’s what they are and how you can use them the next time you are paying online.
Table of Contents
What are eChecks?
Also known as an electronic check, online check, internet check, and direct debit, eChecks are precisely what they sound like. They are a digital version of a paper check that you can use to pay for different online goods and services. With it, the direct debit hits a merchant’s business bank account after being transferred and processed from the customer’s checking account. And if you are a fan of paper checks, then you might soon realize why eChecks are a way of the future.