Electronic Payments or e-payments streamline online buying, just click a button and enter a password, secure payments so no need to give out card details. EMS is proud to provide Franklin businesses with a suite of secure payment processing solutions for both online and in-person transactions.The City of Franklin offers a variety of payment methods for utility payments. The most comprehensive electronic payment systems guide. Learn everything you need to know about optimizing your payments process. Weighing electronic payment options for your business? Electronic payment transactions are divided into two types: onetime vendor payments and recurring customer vendor payments. This comprehensive guide explores the growing popularity of B2B electronic payments, focusing on Automated Clearing House (ACH) and virtual card payments. Simply put, electronic payments allow customers to pay for goods and services electronically. This is without the use of checks or cash.