P2P Payment definition

P2P Payment means person-to-person payment from one O! ePay Account to his/her Friend’s O! ePay Account;
View Source
P2P Payment means an electronic person-to-person money transfer. “POS” means a transaction using your Orion Debit Card.
View Source
P2P Payment. – this means you receiving Electronic Money into your Joompay Account from the Joompay Account of a different Joompay User or sending Electronic Money from your Joompay Account to the Joompay Account of a different Joompay User; and
View Source

Examples of P2P Payment in a sentence

  • When an Online Banking P2P Payment is made, the funds are immediately transferred from your “Account for” transfer and are credited to PayPal to provide funds to the recipient.

  • Once we receive your P2P Payment Order request, it cannot be cancelled.

  • When an Online Banking P2P Payment is made, the funds are immediately transferred from your account for Transfer and are credited to PayPal to provide funds to the recipient.

  • When a Digital Banking P2P Payment is made, the funds are debited within one business day from your account for Transfer and are credited to the payment network to provide funds to the recipient.

  • You are strictly responsible to establish and maintain the procedures to safeguard against unauthorized access to your account and transmission of P2P Payment Instructions.

  • You agree that within 10 business days after you receive notification that your P2P Payment request has been executed, you will tell the Credit Union of any errors, delays, or other problems related to your request.

  • Any member who registers for External Transfer will have access to the P2P Payment Service.

  • You shall comply with the security procedure requirements with respect to P2P Payment Instructions initiated by You, as well as those required in connection with the On-line Services generally.

  • When an Online Banking P2P Payment is made, the funds are immediately transferred from your account for Transfer and are credited to the payment network to provide funds to the recipient.

  • When a Online Banking P2P Payment is made, the funds are immediately transferred from your account for transfer and credit to PayPal™ to provide funds to the recipient.


More Definitions of P2P Payment

P2P Payment means person-to-person payment from one Octopus Wallet to another Octopus Wallet (including his/her Friend’s Octopus Wallet);
View Source
P2P Payment or "Peer to Peer Payment" Payment initiated to another Customer using the P2P Service that debits (or charges) a Funding Account or Google Wallet Balance of the Sender and makes the funds available to be claimed via the Recipient's Google Payments Account. P2P Payments may not be used for business transactions, other than business transactions between individuals. The P2P Service also may not be used for charitable transactions. "Partner Bank" One or more U.S. banks and other U.S. financial institutions at which GPC establishes an account holding Google Wallet Balances. "Payment Instrument" A credit card, debit card, ACH-enabled checking or savings account, merchant gift card or other prepaid payment method, Carrier Billing Account, Google Wallet Balance, and/or other financial account that is registered in a Customer's Google Payments Account or, in the case of the Android Pay and Buy with Google Services, a credit or debit card registered by a Customer in the Service. Not all Payment Instruments are eligible for use with all Services.
View Source