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  2. Pix (payment system) - Wikipedia

    en.wikipedia.org/wiki/Pix_(payment_system)

    The Brazilian instant payment ecosystem (Pix) was created with the aim of reducing cash transactions and offering an alternative to existing payment instruments, such as bank slip or boleto and ATM, as well as being faster and more affordable. The main advantages of Pix are its full-time availability, the speed of transactions using the system ...

  3. Real-time gross settlement - Wikipedia

    en.wikipedia.org/wiki/Real-time_gross_settlement

    BAHTNET (Bank of Thailand Automated High Value Transfer Network) [51] Turkey: EFT (Electronic Fund Transfer) [52] Ukraine: SEP (System of Electronic Payments of the National Bank of Ukraine) [53] United Kingdom: CHAPS (Clearing House Automated Payment System) [54] United States: Fedwire Uganda: UNIS (Uganda National Interbank Settlement) [55 ...

  4. Cheque clearing - Wikipedia

    en.wikipedia.org/wiki/Cheque_clearing

    Cheque clearing (or check clearing in American English) or bank clearance is the process of moving cash (or its equivalent) from the bank on which a cheque is drawn to the bank in which it was deposited, usually accompanied by the movement of the cheque to the paying bank, either in the traditional physical paper form or digitally under a cheque truncation system.

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  6. Clearing House Automated Transfer System - Wikipedia

    en.wikipedia.org/wiki/Clearing_House_Automated...

    The Clearing House Automated Transfer System, or CHATS, is a real-time gross settlement (RTGS) system for the transfer of funds in Hong Kong.It is operated by Hong Kong Interbank Clearing Limited, a private company jointly owned by the Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks.

  7. Electronic Money Institution - Wikipedia

    en.wikipedia.org/wiki/Electronic_Money_Institution

    In the European Union, an Electronic Money Institution can be licensed in any country member but can act and provide services in all EU and EEA countries. [6] The legal basis for e-money issuance in the European Union is covered by EU Directive 2009/110/EC, on the taking up, pursuit and prudential supervision of the business of electronic money institutions establishes, issued by the European ...

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  9. Payment processor - Wikipedia

    en.wikipedia.org/wiki/Payment_processor

    SaaS payment processors offer a single, regulatory-compliant electronic portal that enables a merchant to scan checks (often called remote deposit capture or RDC), process single and recurring credit card payments (without the merchant storing the card data at the merchant site), process single and recurring ACH and cash transactions, process ...

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