PPD

Prearranged Payment and Deposit Entry, or PPD, is a charge or refund against a customer’s checking or savings account. PPD entries can only be originated when payment and deposit terms between the merchant and the customer are prearranged. A written authorization from the customer is required for one-time transactions and a written standing authorization is required for recurring transactions.

Note: The type of eCheck.Net transactions you are permitted to submit depends on the underwriting of your eCheck.Net account. For more information about eCheck.Net transaction types, see the eCheck.Net Operating Procedures and User Guide. In addition, the payment processing associations that regulate electronic check transactions require that you have the appropriate payment authorization from the customer. Make sure you have the appropriate evidence of authorization from the customer before submitting an eCheck.Net transaction to the payment gateway. For details about how to obtain an appropriate authorization for each eCheck.Net type, see the eCheck.Net Operating Procedures and User Guide.