Digital payment definition

Digital payment means a payment that is transferred to a recipient’s individual transactional account and withdrawn through an electronic instrument (e.g., debit cards, mobile phones, national identification cards, etc.) using enhanced authentication measures (e.g., personal identification number, fingerprints, finger veins, etc.).
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Digital payment means a payment made with a payment card or by a direct debit transaction, processed by a digital dispatch service in a manner that complies with § 801. A digital payment is not a cashless payment
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Digital payment means payment through a dispatcher’s digital platform;
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Examples of Digital payment in a sentence

  • Digital payment systems with passive anonymity-revoking trustees.

  • We accept the following payment methods:• Credit or debit cards• Digital payment (eg.

  • In case of non-submission of Performance security in the form of Bank Guarantee (PG) issued by a Nationalized/scheduled Bank or through Digital payment mode (RTGS/ NEFT), same will be deducted from the payment.

  • Digital payment options will develop alongside rather than in place of cash to ensure that no-one is left behind.The portability of individual and business data generated online and through platforms and the incorporation of this into lending decisions will make the flow of finance more efficient, fair and accessible.Accessing big data and using AI and machine learning technologywill make finance innovative, effective and inclusive.

  • Digital payment system has gained importance nowadays, especially after demonetization.

  • Digital payment platforms are becoming advanced IT systems, which can offer APIs to third parties.

  • A 10% increase in results in 2021 would result in an additional payment of around £8.8m in 2022 for the final Flywheel Digital payment.

  • Digital payment platforms are particularly suitable to explore digitalplatform innovation, as the payment landscape is in the midst of industry transformation.

  • Digital payment tokenA digital token refers to a cryptographically-secured digital representation of value that can be transferred, stored or traded electronically.

  • Submission of Jeevanpramaan (Life Certificate) in Digital payment was made easy.


More Definitions of Digital payment

Digital payment means a payment which is transferred to a recipient’s account using the BEFTN and/or withdrawn through an electronic instrument (e.g. debit cards, mobile phones, national identification cards, etc.) using secure authentication (e.g. personal identification number, fingerprints, fingerveins, etc.).
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Digital payment means the form of payment made through an electronic payment instrument such as eWallet, QR, Bank Transfer, or Cards;
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Digital payment means a non-cash payment processed by a digital dispatch service and not by the vehicle operator, such as a payment by a payment card (a credit or debit card), processed through a mobile- or Web-based application. A digital payment does not mean a “cashless payment” as such term is defined in Chapter 6 of this Title.
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Digital payment means a payment made with a payment card or by a direct debit transaction and processed by a digital dispatch service using a vehicle’s MTS meter data. A digital payment is not a cashless payment.
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Digital payment means a payment which is transferred to a recipient’s individual transactional account using the BEFTN and/or withdrawn through an electronic instrument (e.g. debit cards, mobile phones, national identification cards, etc.) using enhanced authentication measures (e.g. personal identification number, fingerprints, fingerveins, etc.). (PDO Result Indicators P.03 and P.04)
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Related to Digital payment

  • Supplemental Payment means any payments or transfers of things of value made to the District or to any person or persons in any form if such payment or transfer of thing of value being provided is in recognition of, anticipation of, or consideration for the Agreement and that is not authorized pursuant to Sections 313.027(f)(1) or (2) of the TEXAS TAX CODE, and specifically includes any payments required pursuant to Article VI of this Agreement.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Delta Payment means as it is described in this Agreement.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Solar alternative compliance payment or "SACP" means a

  • Actual Payment means, with respect to a Receivable and a Collection Period, all payments received by the Servicer from or for the account of the related Obligor on such Receivable during such Collection Period, net of any Supplemental Servicing Fees attributable to such Receivable.

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • Total Payments means those payments so described in Section 6.2 hereof.

  • Alternative Compliance Payment or "ACP" means a payment of a certain dollar amount per megawatt hour, which a Retail Electricity Supplier may submit in lieu of supplying the minimum percentage of RECs required under Section 3.3.5 of this Regulation.

  • Earn-Out Payment has the meaning set forth in Section 2.4(a).

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.