In a push transaction, one party sends a payment to its correspondent. In a pull transaction, one
Question:
In a push transaction, one party sends a payment to its correspondent. In a pull transaction, one party receives a payment from the other party. Indicate which of the following transactions is a push transaction:
• Wire transfer
• Credit transfer
• Check
• ACH debit
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Step by Step Answer:
In a push transaction one party initiates the payment and sends the funds to the recipient In a pull ...View the full answer
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Related Book For 
Protocols For Secure Electronic Commerce
ISBN: 9781138586055
3rd Edition
Authors: Mostafa Hashem Sherif
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