Do I have to receive authorization to charge the checking account?

Pursuant to Regulation E, NACHA regulations, and paragraph 12 of the eCheck.Net Merchant Agreement, Merchants must obtain proper authorization from the Customer prior to initiation of ACH debit or credit entries to the Customer s bank account at any financial institution. You can find more information regarding this in the eCheck.Net Operating Procedures and User Guide found at http://www.authorize.net/files/echecknetuserguide.pdf

  • 1 Users Found This Useful
Was this answer helpful?

Related Articles

How can we tell if we have deposited/transferred funds from a particular eCheck.Net transaction?

There is no way to track particular eCheck.Net transactions in the deposits. You can see which...

Do I get a notification of returned items? (NSF, Rejected, etc.)

Merchants are notified of returned items via e-mail on the daily eCheck.Net settlement report....

How does the descriptor get set?

On the eCheck.Net application that is filled out by the merchant, there is a field that states:...

How long does the application process take?

It takes approximately three (3) business days to process a completed application. (If the...

Powered by WHMCompleteSolution