Final answer:
The process that involves having customers send payments directly to the organization's bank is Wire Transfer.
Step-by-step explanation:
The process that involves having customers send payments directly to the organization's bank is Wire Transfer. A wire transfer is an electronic transfer of funds from one bank account to another. It allows customers to send money directly to the organization's bank account by providing the necessary account details.
For example, if a customer wants to purchase a product or service from an organization and chooses to pay via wire transfer, they would need to initiate the transfer from their bank account to the organization's bank account using the provided details. This process ensures that the payment goes directly to the organization's bank account.
Wire transfers are commonly used for large transactions or international payments. They provide a secure and direct method of transferring funds without the need for intermediaries like credit card companies or payment processors.