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Why does my Bill Payment description show up as an “ACH” transaction from “Metavante Corp”?

ACH description transaction
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Why does my Bill Payment description show up as an “ACH” transaction from “Metavante Corp”?

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Your Bill Payment description shows up as an “ACH” transaction from “Metavante Corp” because this is a common description for an electronic payment that you made to another individual’s checking account residing at People’s United Bank often referred to as a “Friends and Family” payment. This description confirms that your payment was sent electronically to your payee. To confirm details, please visit the People’s United Online Banking, Click Make Payments and choose “View Bill Payment Reports”.

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