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… … Education Payments Canada takes pride in facilitating collaboration within the …
… An electronic wire system that facilitates the transfer of high-value payments between participating financial institutions in real-time with finality of …
… The right of or opportunity for an institution to use the services of a particular payment …
… The Executive Leadership Team (ELT) provides strong leadership and effective management of Payments Canada. The team sets the strategic direction and oversees … … The Operational Leadership Team (OLT) manages the ongoing corporate and business operations of Payments Canada as …
… Faster Payment System, the ERPS established in the UK … FPS …
… A digital representation of the front and back of a payment item. … …
… Payment Systems Directive, issued by the European Commission … PSD …
… Pre-authorized or bill payment error correction debits to an account held at a financial institution. Most commonly used for mortgage and …
… A pre-authorized debit drawn on the account of a payor for the payment of goods or services related to a business or commercial activity of the payor. For example, payments between franchisees and franchisers, distributors …
… The financial Institution that holds the account of the payee (person receiving a payment). … Payee's financial institution (FI) …