Web Reference: Relay (Relay Financial), is an all-in-one business banking and money management platform helping businesses understand what they're earning, spending & saving. A relay is an electrically operated switch. It has a set of input terminals for one or more control signals, and a set of operating contact terminals. The switch may have any number of contacts in multiple contact forms, such as make contacts, break contacts, or combinations thereof. Sep 11, 2024 · A Relay is a simple electromechanical switch. While we use normal switches to close or open a circuit manually, a Relay is also a switch that connects or disconnects two circuits.
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