See Routing/Transit Number.

An acronym used to identify the Automated Clearing House Network.

Agreement by a receiver to allow an ACH credit or debit entry to its account. Authorizations for credit transactions may be oral, but consumer debit transactions must be authorized in writing or simil [..]

A transaction through the ACH Network originated to pay a receiver (deposit into an account).

A transaction through the ACH Network originated to remove funds from the receiver (withdrawal from an account).

Funds transfer system governed by the rules of the National Automated Clearing House Association, which provides for the interbank clearing of electronic entries for participating financial institutio [..]

The ACH operator processes entries between an originator and receiver. There are currently two ACH operators -- the Federal Reserve Bank and EPN (Electronic Payments Network).

A financial institution or Merchant Service Provider (MSP) that facilitates and manages credit card processing on behalf of a merchant customer.

The bank or financial institution that holds the merchant's bank account that is used for collecting the proceeds for credit card processing.

The credit card processing entity with which an acquirer partners in order to provide merchants with transaction clearing, settlement, billing and reporting services.