Electronic Commerce Association. An independent, UK-based, non-profit-making organization which provides information regarding electronic commerce. Merged with the Article Number Association in October 1998. The new organization is known as e center UK, although the official name is the Association for Standards and Practises in Electronic Trade – EAN UK Ltd.
The Electronic Components, Assemblies, & Materials Association represents the electronics industry sector comprised of manufacturers and suppliers of passive and active electronic components, component arrays and assemblies, and commercial and industrial electronic equipment and supplies.
Electronic Check Acceptance. Offered with some POS terminals, but not available with Gateway accounts. The Gateway uses Internet Check Acceptance (see ICA), not ECA. With ECA, the check is electronically submitted as a check. The check is no longer usable and the paper check must be voided. The customer signs and receives a paper receipt. ECA services may include a check guarantee service. ECA is used for retail payments only.
Electronic Control Assembly
A system that captures banking information off a paper check and converts it into an electronic item processed through the Automated Clearing House network. With ECA, checks are processed similarly to credit cards, and the paper check is returned to the consumer at the point of sale.
Electronic Commerce Activities. The provision of financial services over the internet or via digital television -subject to the E-Commerce Directive.