echeck deposit

2009-01-26T07:59:00.000-08:00

I was wondering if anyone has used the ECHECK deposit option on pokerstars and banks with TD CANADA TRUST. I have been trying to deposit
Absolute poker is currently using a beta version of eChecks for deposit. Every day these echeck poker sites add this option to players
Echeck depositors at PokerStars will receive a 100% new player deposit bonus if ... About Echeck poker sites Echecks are a great way to deposit money
All of the Echeck deposit casinos also process transactions right away so you do not have to wait for a few days to play. Pick out one of these online
eChecks work the same way paper checks do. When you deposit using an ... The eCheck deposit option is fully integrated into the PokerStars Cashier screen

http://www.enterbet.com/

echeck deposit

2008-06-13T08:22:00.000-07:00

Electronic funds transfer or EFT refers to the computer-based systems used to perform financial transactions electronically.
The term is used for a number of different concepts:
Cardholder-initiated transactions, where a cardholder makes use of a payment card Direct deposit payroll payments for a business to its employees, possibly via a payroll services company Direct debit payments from customer to business, where the transaction is initiated by the business with customer permission Electronic bill payment in online banking, which may be delivered by EFT or paper check Transactions involving stored value of electronic money, possibly in a private currency Wire transfer via an international banking network (generally carries a higher fee) Electronic Benefit Transfer EFTPOS (short for Electronic Funds Transfer at Point of Sale), is an Australian and New Zealand electronic processing system for credit cards, debit cards and charge cards.[1] It also allows users of the system to withdraw cash at the time of purchasing a product or service through the merchant's EFTPOS terminal.[2] The name and logo for EFTPOS in Australia were originally owned by the National Australia Bank and were trade marks from 1986 until 1991[3]. There are over 60,000 participating EFTPOS outlets in AustraliaEFT may be initiated by a cardholder when a payment card such as a credit card or debit card is used. This may take place at an automated teller machine (ATM) or point of sale (POS), or when the card is not present, which covers cards used for mail order, telephone order and internet purchases.
Card-based EFT transactions are often covered by the ISO 8583 standard.
A number of transaction types may be performed, including the following:
Sale: where the cardholder pays for goods or service Refund: where a merchant refunds an earlier payment made by a cardholder Withdrawal: the cardholder withdraws funds from their account, e.g. from an ATM. The term Cash Advance may also be used, typically when the funds are advanced by a merchant rather than at an ATM Deposit: where a cardholder deposits funds to their own account (typically at an ATM) Cashback: where a cardholder withdraws funds from their own account at the same time as making a purchase Inter-account transfer: transferring funds between linked accounts belonging to the same cardholder Payment: transferring funds to a third party account Enquiry: a transaction without financial impact, for instance balance enquiry, available funds enquiry, linked accounts enquiry, or request for a statement of recent transactions on the account E top-up: where a cardholder can use a device (typically POS or ATM) to add funds (top-up) their pre-pay mobile phone Mini-statement: where a cardholder uses a device (typically and ATM) to obtain details of recent transactions on their account Administrative: this covers a variety of non-financial transactions including PIN change The transaction types offered depend on the terminal. An ATM would offer different transactions from a POS terminal, for instance.
EFT transactions require communication between a number of parties. When a card is used at a merchant or ATM, the transaction is first routed to an acquirer, then through a number of networks to the issuer where the cardholder's account is held.
A transaction may be authorised offline by any of these entities through a stand-in agreement. Stand-in authorisation may be used when a communication link is not available, or simply to save communication cost or time. Stand-in is subject to the transaction amount being below agreed limits. These limits are calculated based on the risk of authorising a transaction offline, and thus vary between merchants and card types. Offline transactions may be subject to other security checks such as checking the card number against a 'hotcard' (stolen card) list, velocity checks (limiting the number of offline transactions allowed by a cardholder) and random online authorisationDepending on the business rules of the issuer, a "hold" may be placed on the funds authorised. This hold reserves that amount of money for a defined period. If a transaction is not cleared within the defined period then the "hold" will be removed and the funds made available againAn offline process, driven by the networks' clearing systems, generates clearing files which are sent to the card issuers on a daily basis. These files contain the completions messages to the on-line authorisations.
In addition, not all transactions in a dual-message environment require authorisation. Depending on the type of card used, and the floor-limit of the merchant, it may be that there are transactions in the clearing files which have not been authorised on-line. This is a financial exposure for banks as they have to honour the clearing records regardless of the balance on the cardholder's account.
Some financial networks operate a single message solution, in which a transaction is authorised and cleared via the same message.
A transaction will be authorised via a pre-authorisation step, where the merchant requests the issuer to reserve an amount on the cardholder's account for a specific time, followed by completion, where the merchant requests an amount blocked earlier with a pre-authorisation. This transaction flow in two steps is often used in businesses such as hotels and car rental where the final amount is not known, and the pre-authorisation is made based on an estimated amount. Completion may form part of a settlement process, typically performed at the end of the day when the day's completed transactions are submitted. All these messages will be sent "on-line" from the merchant acquirer to the issuing bank.

http://www.enterbet.com

The Payee then creates an eCheck deposit which is then emailed to the payee's ... bank of first deposit receives and validates an eCheck, and acknowledges the
site easy. Use eChecks to deposit and start playing poker at PokerStars. ... an 'uncleared' status at PokerStars for 10 days after you make an eCheck deposit
You'll get an automatic $25 bonus FREE - on your FIRST deposit using eCHECK! ... Hit "Next" and you'll immediately be able to make your first deposit with eCHECK.