The service utilizes Automated Clearing House (ACH) and MasterCard RPS Network to electronically communicate payments from your Bank to the biller according to your predefined date. In the case receiver can't acknowledge electronic payments straightforwardly to their bank account, they will be sent a Check through Mail.
The payment records will be created on both sides in the event that you are utilizing this element for making or accepting bill installments. On the receiver’s end, the client will get records as check payment records.
The record of every one of these transaction will be produced when a payment is made. Users don't have to wait that their payments will be recorded exclusively.