Accredited ACH Professional (AAP) Practice Exam

What is an Internet Initiated (WEB) entry characterized by?

1. Initiated at a retail store

2. Authorized via oral communication

3. Communicated via the Internet or Wireless Network

4. In-person transactions

The correct answer is: Communicated via the Internet or Wireless Network

An Internet Initiated (WEB) entry is specifically defined as a type of ACH transaction that is initiated through the Internet or a wireless network. This means that the transaction process takes place online, contrasting with other methods that may involve physical interaction or direct communication. In the context of ACH transactions, WEB entries are commonly used for e-commerce activities, where consumers authorize payments by providing their financial information through a website or application. Such entries depend on a secure online platform for processing, which is integral to their definition. The other choices suggest methods or environments that do not align with the nature of a WEB entry. For example, initiating a transaction at a retail store indicates a physical presence, while oral communication does not fit the digital standard of WEB entries, and in-person transactions clearly take place outside of an online framework. Consequently, the correct choice highlights the unique characteristic of WEB entries: their reliance on the Internet or wireless networks for initiation.