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Thread: US banks allowed to resolve checks electronically
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Old 30th October 2003 | 23:23
  #5 (permalink)  
TR4A
 
Joined: Mar 2000
Posts: 2,809
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From: Bothell WA
We have used a separate plastic card to initiate the process of funds transfer.
That is a Debit card.

What they are referring to is writing a paper check that now turns into a (POS) Point of Sale transaction just like a debit card.
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