Electronic Payment Definition

An electronic payment is any kind of non-cash payment that doesnt involve a paper check. Many people believe that the electronic payment option offers more convenience safety and efficiency over paper-based methods.

Electronic Money Definition

E-payment system is also known as online payment system.

Electronic payment definition. More Definitions of Electronic Payment System Electronic Payment System means a payment system that generates any transfer of funds other than a transaction originated by cash check or similar paper instrument that is initiated through an electronic terminal telephone mobile phone computer. Electronic payments and receipts refer to payments and receipts made using digital means or technology. It is managed by a governance body.

An electronic payment system is a way of making transactions or paying for goods and services electronically without using cash or checks. Electrical is used in a more general sense often to refer to the use of electricity as a whole as opposed to other forms of energy. What is Electronic Payment System.

Methods of electronic payments include credit cards debit cards and the ACH Automated Clearing House network. Exemples de electronic payment dans une phrase comment lutiliser. An example of an electronic payment system is the use of a credit card.

Définitions de ELECTRONIC PAYMENT SYSTEM synonymes antonymes dérivés de ELECTRONIC PAYMENT SYSTEM dictionnaire analogique de ELECTRONIC PAYMENT SYSTEM français. E-payment system is the means of making payment andor transaction for goods and services on an e-commerce website or electronic environment without any need to use cash or check. Electronic Payment Law and Legal Definition Electronic payment is becoming a commonly used payment method in a wide variety of transactions.

It has many forms such as credit card virtual card mail order e-wallet. An example of an electronic payment system is. The technology platforms used for electronic receipts and payments are called fintech platforms.

Definition of Electronic Payment System. The definition of an electronic payment system is a way of paying for a goods or services electronically instead of using cash or a check in person or by mail. Electronic mail electronic shopping electronically adv Electronic is used to refer to equipment such as television sets computers etc in which the current is controlled by transistors valves and similar components and also to the components themselves.

Payment scheme is a set of formal standardised and common rules enabling the transfer of value between end users by means of electronic payment instruments. For all these methods of electronic payment there are. Additional process digitisation can be provided by the integration of secondary.

DEFINITION OF ELECTRONIC PAYMENT SYSTEM The definition of an electronic payment system is a way of paying for a goods or services electronically instead of using cash or a check in person or by mail. Définitions de Electronic_payment synonymes antonymes dérivés de Electronic_payment dictionnaire analogique de Electronic_payment anglais. E-Commerce or Electronics Commerce sites.

The ACH system comprises direct deposit direct debit and electronic checks e-checks. The transactions of receipts and payments do not involve the physical transfer of cash payment by paper cheques or demand drafts. An example of an electronic payment system is Pay Pal.

Définition de Electronic payment basée sur des significations courantes et les moyens les plus courants de définir des mots liés à electronic payment. Electronic payment transaction means an Electronic Financial Transaction under which a person giving a fund the Payer causes the Company to move such fund to the person the Payee receiving such fund by means of an electronic payment. An example of an electronic payment system is Pay Pal.

Electronic Payment Types Advantages And Disadvantages