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Maker-checker. Maker-checker (or Maker and Checker or 4-Eyes) is one of the central principles of authorization in the information systems of financial organizations. The principle of maker and checker means that for each transaction, there must be at least two individuals necessary for its completion. While one individual may create a ...
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Paycheck. A paycheck, also spelled paycheque, pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered. In recent times, the physical paycheck has been increasingly replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll ...
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CheckWriter is business software used to accept payments from customers, patients, members or subscribers. Unlike a physical device, the software facilitates check draft demand draft technology, and Check 21 Act regulations to emulate the check writer. The software prints a physical draft of a customer's checks that a business can then deposit ...
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