Examples of Payment Systems in a sentence
In connection with the Quarterly Report of Heartland Payment Systems, Inc.
As per RBI circular "Introduction of Legal Entity Identifier for Large Value Transactions in Centralized Payment Systems", from April 1, 2021, it will be mandatory to include remitter and beneficiary LEI information while initiating RTGS and NEFT for all purchases (inward remittance), redemption / IDCW / brokerage payouts (outward remittance), where transaction value is of INR 50 crore and above.
RBI vide this notification has decided to introduce the LEI system for all payment transactions of value INR 50 crore and above undertaken by entities (non-individuals) using Reserve Bank-run Centralised Payment Systems viz.
For more information about the information Heartland Payment Systems collects, please visit the Heartland Payment Systems privacy policy at: https://www.heartlandpaymentsystems.com/privacy-policy.
Payment Systems (Choose all that apply.)Dial-up modemSecured, leased, dedicated telephone line InternetFax Paper/other Not applicable 73c.