The ACH Payment Processing System
A paper looking at the Automated Clearing House system (ACH), used by the Federal Reserve Banking System to move money to and from various clearing houses.
# 63444 | 2,378 words | 6 sources | MLA | 2006 |
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The paper explains what is meant by ACH System, how it works, its advantages and disadvantages. The paper also discusses how the U.S. Payment System has been affected by the new ACH System. Further, the paper includes a discussion about the past, the present, and the future of the U.S. Payment System.
Cite this Essay:
The ACH Payment Processing System (2006, January 29) Retrieved February 02, 2023, from https://www.academon.com/essay/the-ach-payment-processing-system-63444/
"The ACH Payment Processing System" 29 January 2006. Web. 02 February. 2023. <https://www.academon.com/essay/the-ach-payment-processing-system-63444/>