Digital checking payment systems

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Digital checking payment systems

  • Digital checking payment systems, such as Western Union MoneyZap and eCheck, extend the functionality of existing checking accounts so they can be used for online shopping payments.
  •  Digital checks are less expensive than credit cards and much faster than traditional paper-based checking. 
  • These checks are encrypted with a digital signature that can be verified and used for payments in electronic commerce. Electronic check systems are useful in business-to-business electronic commerce.



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