New England Automated Clearing House
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WEB

Internet Initiated Entry is a consumer collection authorized via the internet. The course introduces the Corporate Originator their rights and responsibilities of originating WEB transactions.  The WEB transaction is commonly used for consumers to make purchases via the internet.  The course will review the authorization process, including retention requirements, the benefits of using the Prenotification Entries, the importance of acting on Notification of Change information and the Returns and Reversal process.  Once the order has been processed, the Financial Institution Contact will receive a supplemental order form that will be used to designate the FI and Originator access.
$500.00
$500.00
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WEB


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