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  2. Payment - Wikipedia

    en.wikipedia.org/wiki/Payment

    Payment. A payment is the tender of something of value, such as money or its equivalent, by one party (such as a person or company) to another in exchange for goods or services provided by them, or to fulfill a legal obligation or philanthropy desire. The party making the payment is commonly called the payer, while the payee is the party ...

  3. Letter of credit - Wikipedia

    en.wikipedia.org/wiki/Letter_of_credit

    The applicant is also exposed to the failure of the bank to make payment. Issuing bank. The issuing bank is also exposed to risks which it may seek to mitigate through various techniques. It will be exposed to the insolvency risk of the applicant, that is, the risk the applicant runs insolvent before it is able to repay the letter of credit.

  4. QR code payment - Wikipedia

    en.wikipedia.org/wiki/QR_code_payment

    QR code payment is a contactless payment method where payment is performed by scanning a QR code from a mobile app. [1] This is an alternative to doing electronic funds transfer at point of sale using a payment terminal. [2] This avoids a lot of the infrastructure traditionally associated with electronic payments such as payment cards, payment ...

  5. How to use Zelle: A beginner’s guide to digital payments - AOL

    www.aol.com/finance/zelle-beginner-guide-digital...

    The person-to-person payment tool can allow for easy transactions to friends, family and more. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290 ...

  6. E-commerce payment system - Wikipedia

    en.wikipedia.org/wiki/E-commerce_payment_system

    E-commerce payment system. An e-commerce payment system (or an electronic payment system) facilitates the acceptance of electronic payment for offline transfer, also known as a subcomponent of electronic data interchange (EDI), e-commerce payment systems have become increasingly popular due to the widespread use of the internet-based shopping ...

  7. WeChat Pay - Wikipedia

    en.wikipedia.org/wiki/WeChat_Pay

    WeChat Pay, officially referred to as Weixin Pay ( Chinese: 微信支付; pinyin: Wēixìn Zhīfù) in China, is a mobile payment and digital wallet service by WeChat based in China that allows users to make mobile payments and online transactions. As of March 2016, WeChat Pay had over 300 million users. [1]

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