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Payment System

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Payment System

Any system enabling the transfer of funds between parties. For example, when a bank processes a check, it uses a payment system to collect funds from the bank on which the check was drawn and then transfers the funds to the payee's account. Likewise, a clearing house uses a payment system for the settlement of security transactions. Most payment systems are electronic, and many involve the Federal Reserve in some way.

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CHIPS
Clearing House Automated Payment System

Clearing House Automated Payments System
Clearing House Interbank Payments System

Correspondent
Federal Reserve float

Payments System

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payment date
Payment float
Payment for Order Flow
Payment In-Kind
Payment Period
Payment Problems
Payment Shock
Payment System
Payment-in-kind (PIK) bond
Payment-In-Kind Bond
Payment-In-Kind Security
Payments Netting
Payments pattern
Payments System
payoff

Payment Processing Firm
Payment Protection Cover
Payment protection insurance
Payment protection insurance
Payment Protection Plan
Payment Protection System
payment rate
Payment recovery
Payment Reduction Program
Payment Required
Payment Research Data Base
Payment schedule
Payment Schedule Variance Report
payment service
Payment service provider
Payment service provider

Payment service provider
Payment Services Directive
Payment Services Providers
Payment Services Providers
Payment Settlement Message Notification
Payment Settlement Message Request
Payment Shock
Payment Solutions Company
Payment System
Payment Systems
Payment Systems
Payment Systems for Credit Unions, Inc.
Payment terminal
Payment terminal
Payment terminal
Payment Terminal Security Program
Payment terms

Payment to Income
Payment transactions
Payment transfer
Payment With Order
Payment, Treatment or Operations
Payment-Equal-To-Taxes
Payment-in-kind (PIK) bond
Payment-In-Kind Bond
payment-in-kind security
payment-in-kind security
payments
payments
payments
payments
payments
Payments and Cash Management

Financial Dictionary

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