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… Payment Systems Directive, issued by the European Commission …
… that meets the applicable access criteria to access a payment system directly (without sponsorship or agency agreement with other bank/payment services provider) … Direct participant …
… The Payments Canada SUMMIT … Thank you for joining us at The 2024 SUMMIT where we brought together the best of the payment ecosystem from across Canada and around the world. … the recording on demand to hear how leading organizations update their payment offerings to address unmet needs. …
… Pre-authorized or bill payment error correction debits to an account held at a … institution. Most commonly used for mortgage and other bill payments, as well as funds transfer and corporate cash management payments. Often recurring, but can also be sporadic. Does …
… Bill payments to businesses that include data related to that … Number (CCIN) for credit to a corporation. Includes bill payments initiated via telephone and Internet banking and may include some paper-based bill payment remittances converted to EDI format by financial …
… A three digit number, assigned by Payments Canada, which can be used on payment items to identify a member financial institution or …
… 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 …
… A payment item drawn by a bank against its own account … Bank …
… that holds the account of the payee (person receiving a payment). … Payee's financial institution (FI) …