payment service

payment service
Any service provided by a financial institution to allow one person or organization to pay another for a product or service

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  • Payment service provider — A payment service provider (PSP) offers merchants online services for accepting electronic payments by a variety of payment methods including credit card, bank based payments such as direct debit (GlobalCollect), bank transfer, and real time bank …   Wikipedia

  • payment service user — mokėjimo paslaugų vartotojas statusas Aprobuotas sritis finansų rinka apibrėžtis Fizinis arba juridinis asmuo, kuris naudojasi mokėjimo paslaugomis kaip mokėtojas ir (arba) gavėjas. atitikmenys: angl. payment service user vok.… …   Lithuanian dictionary (lietuvių žodynas)

  • Payment service —   An ISO term. A service that moves messages among subscribers and also effects settlement for those messages that constitute funds transfer transactions …   International financial encyclopaedia

  • Freight payment service — Freight Payment ServiceThe freight payment industry was actually formed by a series of Banks when the transportation marketplace was heavily regulated. Motor carrier bills had to be paid within 7 days and rail bills needed to be paid within 5… …   Wikipedia

  • Secure Mobile Payment Service — (SEMOPS) is a project for developing a secure, universal electronic payment service, which allows real time payment transactions independently of the type and value of the purchase. See also : Mobile PaymentExternal links* [http://www.semops.com… …   Wikipedia

  • Payment Services Directive — The Payment Services Directive (PSD) is a regulatory initiative from the European Commission (Directorate General Internal Market) which will regulate payment services and payment service providers (as defined in the Directive) throughout the… …   Wikipedia

  • Payment protection insurance — Payment protection insurance, (also known as PPI, credit protection insurance, loan repayment insurance, not to be confused with income protection or credit card cover) is an insurance product that is often designed to cover a debt that is… …   Wikipedia

  • service — ser·vice 1 n 1: the act of delivering to or informing someone of a writ, summons, or other notice as prescribed by law after service of process see also notice by publication at notice, s …   Law dictionary

  • Service economy — can refer to one or both of two recent economic developments. One is the increased importance of the service sector in industrialized economies. Services account for a higher percentage of US GDP than 20 years ago. The current list of Fortune 500 …   Wikipedia

  • Payment recovery — firms specialize in getting vendors to return money inadvertently paid to them. In corporate America, this frequently occurs when accounts payable staff accidentally pay a duplicate invoice. Another situation in which this might occur is when,… …   Wikipedia

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