definition of electronic payment systemsKevin Mills
1.Of or relating to electrons. 2.Of, based on, operated by, or otherwise involving the controlled conduction of electrons or other charge carriers, especially in a vacuum, gas, or semiconducting material. 3.Of, relating to, or produced by means of electronics:electronic navigation; electronic ...
An electronic funds transfer or EFT payment is the overarching term for different ways money moves electronically.
More Definitions of Mode of Payment Mode of Payment means either (a) electronic transfer of funds to the designated bank account of METL, or (b) by way of a demand draft drawn on any scheduled commercial bank in favour of‘Model Economic Township Limited’; Sample 1Sample 2 Based on 2 ...
Define Electronic dictionaries. Electronic dictionaries synonyms, Electronic dictionaries pronunciation, Electronic dictionaries translation, English dictionary definition of Electronic dictionaries. Noun 1. electronic dictionary - a machine-readable ver
Customers don't need to set any reminders to pay outstanding bills or enter their payment details every billing cycle. Done right, recurring payments can create a feeling of goodwill between the business and the customers, ensuring a healthy customer relationship. Defend against fraud The ...
An electronic payment system is a way of making transactions or paying for goods and services electronically without using cash or checks. These transactions are made through an electronic funds transfer, where an electronic system is used to transfer funds from one bank to another without the use...
Related to Payment Document Settlement Document shall have the meaning set forth in Section 2.02(a). procurement document means any document produced or referred to by the contracting authority to describe or determine elements of the procurement or the procedure, including the contract notice, the ...
Foreign transaction fees are an important consideration when paying for a purchase in a foreign currency with any type of electronic payment card. Consumers will encounter foreign transaction fees from most issuers of both debit and credit cards. ...
A charge card is a type of payment card with no spending limit but requires the cardholder to pay off the balance in full each month. Also, charge cards do not charge interest, unlikecredit cards. However, charge cards impose a fee, which might be a percentage of the unpaid balance if ...