ACH authorization
Acronyms
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Preferred Term
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Non-standard Terms
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Definitions
| Type | Definition | Sources |
|---|---|---|
| Noun | To debit a consumer's checking or savings account you need their permission to do so. Failure to produce proof of the authorization either by voice recording (one-time payments) or an ACH Authorization form can have consequences. If a customer disputes the debit and performs a chargeback the authorization can be shown to the consumer's bank and the bank should reverse the chargeback. If the merchant does not produce the proof the consumer's chargeback will be upheld. (used 0 times in citations and controls) |
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Other Forms
| Type | Other Form |
|---|---|
| Plural | ACH authorizations |
| Plural Possessive | ACH authorizations' |
| Possessive | ACH authorization's |
Relationships
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Citations
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