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What is ACH Origination?
ACH Origination allows any business customer to create electronic payments and deposits. Organizations that create these transactions are called Originators. Transactions can be either debits or credits. Examples of debit transactions include utility payments, account drafts, membership fees, dues, insurance premiums, etc. Credit transactions are usually for Direct Deposit of payroll, electronically crediting a deposit account for the net payroll amount.
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