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Complicating the matter even further are scenarios in which there are exceptions or disputes, in which one electronic payment may be for multiple invoices, but there was a dispute on one of those invoices where full payment was not received. So, the electronic payment doesn’t match up against all five invoices.”.
They don’t have to go to the bank to cash a check, and can instead use mobile remotedepositcapture. Over the last decade, innovators have capitalized on the consumers’ growing desire to save time, using mobile devices and apps to create any number of ways to do that.
“There is a dispute period, but in reality, checks don’t have the problems associated with credit card or ACH.” According to Skala, checks can be “very beneficial,” largely due to their lack of chargeback risk.
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