ACH transactions

[Steve Reilly]

Graham Todd wrote:

> 
> BTW what are ACH transactions?
> 
automated clearing house

pos terminal readers read the routing and account # on the check, you
get the check back after its converted electronically and transmitted to
 ACH.  merchants receive $$ alot quicker than paper checks.  basically
like using a debit card but its paper.  im sure theres something like it
where you are, maybe not called the same thing.


steve