Electronic Payment System definition

Electronic Payment System means a payment system that generates any transfer of funds, other than a transaction originated by cash, check, or similar paper instrument, which is initiated through an electronic terminal, telephone, mobile phone, computer, or magnetic tape, for the purpose of ordering, instructing or authorizing a financial institution to debit or credit an account. The term includes debit cards, wire transfers, transfers made at automatic teller machines, and point-of-sale terminals.

Electronic Payment System means a payment system operating with electronic money (payment service provider).

Electronic Payment System means a combination of procedures and connected with them computer networks and software, used to perform financial transactions and mutual settlements between the participants of the system. In the system transactions are conducted using bank cards, e-money and cash.

Examples of Electronic Payment System in a sentence

• Funds to the Account A State Treasurer’s Electronic Payment System (STEPS) form will be completed and the original submitted to the Associate Director of Cooperative Extension via the appropriate District Extension Director.

• The Client may deposit by either a Debit/Credit Card, by making a Wire Transfer, or any other available Electronic Payment System (Skrill, Neteller, etc.) at any time.

• Untuk meningkatkan aksesibilitas nasabah di Malaysia, kerjasama dijalankan dengan jaringan Malaysia Electronic Payment System (MEPS) sehingga layanan BMI dapat diakses di lebih dari 2000 ATM di Malaysia.

• Technology Analysis Approach: Electronic Payment System Technology Hypotheses/Questions Measures of Effectiveness Data Implementing electronic regional payment system technology (TransLink®) at selected garages will impact travelers’ mode, payment type, and parking location decisions.

• TRS Vendor is paid through Workforce Solutions Electronic Payment System using Workforce Solutions Debit Card or direct deposit according to policies published by Workforce Solutions.

More Definitions of Electronic Payment System

Electronic Payment System means a payment system that generates any transfer of funds, other than a transaction originated by cash, check, or similar paper instrument, that is initiated through an electronic terminal, telephone, mobile phone, computer, or magnetic tape, for the purpose of ordering, instructing or authorizing a financial institution to debit or credit an account. The term includes debit cards, wire transfers, transfers made at automatic teller machines, and point-of-sale terminals.

Electronic Payment System means a payment system operating with electronic money. 1 For example, if the Client opens two buy lots, and three sell lots for the same instrument, then two buy lots and two sell lots are identified as locked positions, and one buy lot is identified as a non-locked position.

Electronic Payment System means a payment system that generates any transfer of funds, other than a transaction originated by cash, check, or similar paper instrument, which is initiated through an electronic terminal, telephone, mobile phone, computer, or magnetic tape, for the purpose of ordering, instructing or authorizing a financial

Electronic Payment System means an electronic system, using a telephone connection or electronic application (including PayPoint) set up and maintained by the service provider, which can transmit data to and receive data from a hand-held device, and whereby:

Electronic Payment System means an entity that directly or through licensed members, processors, or agents provides the proprietary services, infrastructure, and software that route information and data to facilitate transaction authorization, clearance, and settlement, and that merchants are required to access in order to accept a specific brand of general-purpose credit cards, charge cards, debit cards, or stored-value cards as payment for goods and services.

Electronic Payment System means a payment system that generates any transfer of funds, other than a transaction originated by cash, check, or similar paper instrument,

Electronic Payment System means an entity, which is not a