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  • payment is commonly called the payer, while the payee is the party receiving the payment. Whilst payments are often made voluntarily, some payments are...
    12 KB (1,627 words) - 01:21, 3 May 2024
  • Thumbnail for Balance of payments
    In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference...
    82 KB (10,031 words) - 22:08, 4 June 2024
  • Thumbnail for Wire transfer
    (such as SWIFT or Fedwire), to the receiving bank, requesting that it effect payment according to the instructions given. The message also includes settlement...
    18 KB (2,315 words) - 01:29, 2 June 2024
  • Thumbnail for Single Euro Payments Area
    The Single Euro Payments Area (SEPA) is a payment integration initiative of the European Union for simplification of bank transfers denominated in euros...
    26 KB (2,440 words) - 17:32, 9 June 2024
  • Thumbnail for Negotiable instrument
    Negotiable instrument (category Payment systems)
    A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time, whose payer is usually...
    27 KB (3,720 words) - 16:48, 12 April 2024
  • wire transfer is a message to the receiving bank requesting them to effect payment in accordance with the instructions given. The message also includes...
    12 KB (1,500 words) - 12:33, 18 March 2024
  • Thumbnail for Electronic bill payment
    Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution...
    4 KB (415 words) - 13:05, 19 January 2024
  • Thumbnail for Transfer payment
    incentives to take paid work. Furthermore, the macroeconomic effect of transfer payments is reduced in the lower income countries and regions/states....
    14 KB (1,540 words) - 08:38, 21 May 2024
  • Thumbnail for Faster Payments
    The Faster Payments Service (FPS) is a United Kingdom banking initiative to reduce payment times between different banks' customer accounts to typically...
    17 KB (1,784 words) - 08:44, 3 April 2024
  • Parties may duly agree on payment in principle prior to the execution of the contract and subsequently still fail to effect payment. Functionally agreement...
    77 KB (11,640 words) - 14:54, 15 April 2024
  • all documents necessary to give effect to a transfer of securities in exchange for the receipt of the stipulated payment amount. Alternatively, it may involve...
    4 KB (563 words) - 17:48, 18 January 2024
  • Thumbnail for Cash
    Cash (redirect from Cashless payment)
    the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to...
    35 KB (4,043 words) - 05:53, 24 May 2024
  • from the full effect of rate increases by the minimum payment, until the loan is recast, which is when principal and interest payments are due that will...
    38 KB (5,193 words) - 13:21, 12 August 2023
  • participant. All instruments of payment denominated in AMUs (ACU dollar, ACU euro, and ACU yen), may be used to effect payment through the clearing facility...
    6 KB (577 words) - 12:58, 20 August 2023
  • The payment card industry (PCI) denotes the debit, credit, prepaid, e-purse, ATM, and POS cards and associated businesses. The payment card industry consists...
    7 KB (757 words) - 10:58, 8 June 2024
  • operation of SIPS should prevent a domino effect whereby payment obligations of the failing bank are effected against the solvent banks. Clearly, this...
    5 KB (618 words) - 12:32, 22 May 2024
  • The Revised Payment Services Directive (PSD2, Directive (EU) 2015/2366, which replaced the Payment Services Directive (PSD), Directive 2007/64/EC) is an...
    18 KB (2,054 words) - 15:23, 27 March 2024
  • The Hawthorne effect is a type of human behavior reactivity in which individuals modify an aspect of their behavior in response to their awareness of being...
    34 KB (3,904 words) - 02:03, 10 June 2024
  • Thumbnail for Alipay
    traditional Chinese: 支付寶; pinyin: zhīfùbǎo) is a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by Alibaba Group...
    51 KB (4,254 words) - 04:39, 9 June 2024
  • Thumbnail for Google Pay (payment method)
    payment service developed by Google to power in-app, online, and in-person contactless purchases on mobile devices, enabling users to make payments with...
    13 KB (1,151 words) - 14:21, 10 June 2024
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