This is one of the many reasons that banks will remain an institution for a long time to come. Automatic Clearing House (ACH, or Auto debit) comes with a host

This is one of the many reasons that banks will remain an institution for a long time to come. Automatic Clearing House (ACH, or Auto debit) comes with a host of consumer protections that are completely lacking from payment processors. I wish legislators would force all payment processors to play by the same book banks have to play by; the same consumer protections.