Electronic Payment System definition

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

Examples of Electronic Payment System in a sentence

  • Electronic Payment Systems, Need of Electronic Payment System: Study and examine the use of Electronic Payment system and the protocols used, Study Electronic Fund Transfer and secure electronic transaction protocol for credit card payment.


More Definitions of Electronic Payment System

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.
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 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 that is initiated through an electronic terminal, telephone, mobile phone, computer,
Electronic Payment System means a
Electronic Payment System means an entity, which is not a