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An eCheck, or electronic check, is a digital version of a paper check that transfers funds electronically between bank accounts through the Automated Clearing House (ACH) network. Instead of writing and mailing a physical check, the payer submits their bank account information online, and the payment is processed digitally.
Welcome to PayPal’s product changelog, your quarterly look at what’s new across our platform. From product launches to feature improvements, we’ll keep you up to date on the tools that help you run and grow your business.