Com Data is a brand name, of a financial transaction company. Com
Data is a company that coordinates a money transfer (settlement /
income) from a carrier bank account to your bank account.
Another method for coordinating a settlement transfer is what most
people are familiar with, called "Direct Deposit". It's essentially
the same thing. A transfer of funds from one place to another. When a
Direct Deposit is coordinated, your settlement (income) is
transferred into your checking or savings account for your use and
enjoyment. |