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What is electronic payments system?

This would generally be payments over the internet, or through an ATM.


Is EFTPS a legitimate platform for making electronic federal tax payments?

Yes, EFTPS (Electronic Federal Tax Payment System) is a legitimate platform approved by the U.S. Department of the Treasury for making electronic federal tax payments.


How are electronic payments protected against theft?

you dont be dumb.


Which law regulates eavesdropping or interception of message contents?

The Electronic Communications Privacy Act (ECPA) regulates the interception of electronic communications, including eavesdropping on message contents. This law prohibits individuals from intercepting, disclosing, or using electronic communications without proper authorization. Violating the ECPA can result in both civil and criminal penalties.


How to Figure Out if Electronic Payments Will Work for You?

If you hate paying bills through snail mail, and sometimes find yourself even forgetting to mail in the payments for bills on time, it may benefit you to allow the people you owe to debit electronic payments from your checking or savings account. Not everyone likes signing up to have electronic payments withdrawn from their account, but it does help if you need your bills paid on time (and don’t want to take the time each month to write and mail the necessary checks).If electronic payments are to work for you, you need to make sure that you keep whatever bank account you’re having the payments withdrawn from balanced. Having electronic payments debited from your bank account will not work for you if you are not up to the responsibility of keeping your bank account balanced. If you are a responsible person who balances their checking and/or savings account often, then chances are electronic payments will work out very well for you.If you are able to make a note of what bills are to be paid electronically every month, then it is likely that electronic payments will be something useful to you. Losing track of what bill payments you are having withdrawn electronically is a really bad idea. You do not want to overdraw your bank account because you have not checked to see which payments are going to be deducted from it on specific dates.Electronic payments may work out better for you if the company wanting to debit them from your account is willing to offer you a discount if you do sign up for the electronic payment service. Some companies are so happy to get you to switch over to the electronic payment method that they are more than willing to deduct a few dollars from your billings if you do it. Check to see if the companies you deal with on a regular basis offer any savings if you do allow them to deduct your payments electronically.


What federal law regulates customer liability for debit cards?

Electronic Fund Transfer Act (EFTA) of 1978


What is switching frequency?

switching frequency is the one which regulates the switching device in a electronic circuit,by which the output voltage can be determined or can be cntrolled


What are eBay's outputs?

electronic payments transporting goods, such as phones, clothing and a variety of electronics. -Ana-


What is an automated clearing house?

An automated clearing house is an electronic funds transfer system which allows for inter-bank clearing of electronic payments, such as credit card transactions.


Can you send ACH payments to Canada?

Yes, ACH payments can be sent to Canada through the use of the international ACH network, which allows for electronic transfers between the United States and Canada.


What is chips number?

* The Clearing House Interbank Payments System (CHIPS) is a bank-owned, privately operated electronic payments system. * CHIPS is both a customer and a competitor of the Federal Reserve's Fedwire service. * The average daily value of CHIPS transactions is about $1.2 trillion a day. The Clearing House Interbank Payments System (CHIPS) is an electronic payments system that transfers funds and settles transactions in U.S. dollars. CHIPS enables banks to transfer and settle international payments more quickly by replacing official bank checks with electronic bookkeeping entries. As of January 2002, CHIPS had 59 members, including large U.S. banks and U.S. branches of foreign banks. ** Source: http://www.newyorkfed.org/aboutthefed/fedpoint/fed36.html * The Clearing House Interbank Payments System (CHIPS) is a bank-owned, privately operated electronic payments system. * CHIPS is both a customer and a competitor of the Federal Reserve's Fedwire service. * The average daily value of CHIPS transactions is about $1.2 trillion a day. The Clearing House Interbank Payments System (CHIPS) is an electronic payments system that transfers funds and settles transactions in U.S. dollars. CHIPS enables banks to transfer and settle international payments more quickly by replacing official bank checks with electronic bookkeeping entries. As of January 2002, CHIPS had 59 members, including large U.S. banks and U.S. branches of foreign banks. ** Source: http://www.newyorkfed.org/aboutthefed/fedpoint/fed36.html


What are some ways to send electronic payments online?

There are several ways one may send electronic payments online. The most popular way is to sign up for an online money service such as Paypal. Most banks also offer services that allow account holders to transfer money online.