What is an electronic check?
A) An Internet-based company that facilitates payments over the Internet
B) A mechanism for sending a payment from a checking or savings account
C) A system that sends bills over the Internet and provides an easy-to-use mechanism to pay the bill
D) Both software and information-the software provides security for the transaction and the information includes payment and delivery information

Question

Quizplus · Accepted Answer

An electronic check is a mechanism for sending a payment from a checking or savings account. It is essentially a digital version of a paper check, allowing for electronic and automated processing of payments.

What Is an Electronic Check