Electronic check payment, also known as e-check or electronic check processing, allows businesses and individuals to initiate payments electronically using bank account details. Instead of a physical paper check, payment information is entered online or through specialized software, then processed electronically through Automated Clearing House (ACH) networks. This method enables faster transactions, reduces paper waste, and offers convenience in managing payments securely over digital platforms.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
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Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Autonomous O2C to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.
