PPD vs. WEB in the ACH Network

Answered by:

Question:

When a consumer signs an ACH authorization, isn’t the correct ACH class code a PPD every time?

Answer:

Nope! This is an area of confusion for many banks (and their customers!). Even if a consumer signs a physical authorization, there are times when a different SEC code must be used! (Hint – think online shopping and person-to-person transactions)
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Learn more about Rayleen Pirnie’s webinar
ACH Basics: Part 1