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Electronic Payments Processing
Help Small Business Participate in This All Important Survey
SBC Counselors Also Encouraged to Participate
Dear Small Business Development Centers:
The AS BDC Board
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What is electronic payments processing?
Electronic payments processing refers to the digital transfer of funds between parties for goods or services.
Who is required to file electronic payments processing?
Businesses and individuals who receive electronic payments are required to file electronic payments processing.
How to fill out electronic payments processing?
Electronic payments processing can be filled out online through a secure portal provided by the payment processor or financial institution.
What is the purpose of electronic payments processing?
The purpose of electronic payments processing is to facilitate fast, secure, and efficient transactions between parties.
What information must be reported on electronic payments processing?
Information such as the payer's name, amount of payment, date of payment, and purpose of payment must be reported on electronic payments processing.
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