Electronic Check

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Dictionary Says

Definition of 'Electronic Check'

A form of payment made via the internet that is designed to perform the same function as a conventional paper check. Because the check is in an electronic format, it can be processed in fewer steps and has more security features than a standard paper check. Security features provided by electronic checks include authentication, public key cryptography, digital signatures and encryption, among others.

Also referred to as an "echeck".
Investopedia Says

Investopedia explains 'Electronic Check'

Electronic checks have been developed in response to the transactions that have arisen in the world of electronic commerce. Electronic checks can be used to make a payment for any transaction that a paper check can cover and are governed by the same laws that apply to paper checks.

This is the first form of internet-based payment that the U.S. Treasury uses for making large online payments.
Search results for

'Electronic Check'

  • Alternate Methods Of Online Payment - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/Alternate-Methods-Of-Online-Payment.aspx
    ... Electronic Check The electronic check is a method of payment which draws cash from
    a checking account, eliminating the paper check and the inconvenience of ...

  • 8 Low-Cost Ways To Transfer Money - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0411/7-Low-Cost-Ways-To-Transfer-Money.aspx
    ... an email money transfer service. This form of money transfer functions like
    an electronic check. The funds are not physically transferred ...

  • Banking: Check-Writing 101 | Investopedia

    http://www.investopedia.com/university/banking/banking3.asp
    ... check from one place to another. Instead, an electronic image of the check
    can be used. This technology makes it less expensive ...

  • Renters' Guide: The Rental Process | Investopedia

    http://www.investopedia.com/university/renters-guide/renters-guide6.asp
    ... month. Certain landlords offer tenants the ability to pay rent online using
    a credit card, debit card or electronic check. A valuable ...

  • Systems Check At Automotive Safety Providers

    http://stocks.investopedia.com/stock-analysis/2010/Systems-Check-At-Automotive-Safety-Providers-TRW-ALV0219.aspx
    ... (For related reading, check out Going ... is on the right track by focusing its growth
    initiatives around its electronics segment since more electronic content and ...

  • Will Social Gaming Keep Electronic Arts Relevant?

    http://stocks.investopedia.com/stock-analysis/2011/Will-Social-Gaming-Keep-Electronic-Arts-Relevant-ERTS-ATVI-DIS-RENN-AAPL-GOOG-NTES-SNDA-NCTY-TCEHY-TTWO0713.aspx
    ... this acquisition may just be the sort of deal that allows EA to play in the third
    era of electronic gaming. (For related reading, also check out Summer's ...

  • Shopping Online: Convenience, Bargains And A Few Scams

    http://www.investopedia.com/articles/pf/08/buy-sell-online.asp
    ... your bank account. If you choose to pay by electronic check, you are required
    to enter your routing and account numbers. Once this ...

  • Banking: Managing Your Checking Account | Investopedia

    http://www.investopedia.com/university/banking/banking6.asp
    ... Writing a Check If you write a check at a store, many stores now have the technology
    to convert your check to an electronic funds transfer and debit the money ...

  • Who Will Dominate The Electronic Textbook Market? - Investopedia. ...

    http://financialedge.investopedia.com/financial-edge/0911/Who-Will-Dominate-The-Electronic-Textbook-Market.aspx
    ... Amazon's rental price grants students the ability to read an electronic textbook
    on a ... Money-wise students should check both options before renting any given e ...

  • Is Electronic Arts Worth Playing?

    http://stocks.investopedia.com/stock-analysis/2009/Is-Electronic-Arts-Worth-Playing-ERTS-MSFT-TTWO-ATVI1017.aspx
    ... Bottom Line I like Electronic Arts, but in the near term I don't think it's a great
    place to be. ... (For related reading, check out Power Up Your Portfolio With ...

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