IVeri Payment Technologies - Payment Gateway

iVeri's Payment Gateway provides mobile, internet, recurring payment, point of sale and card-not-present card acceptance channels, including reporting and back-office functionality for both the bank and the merchants.

Split payment - Split payment vs. Coupon

There are few models for split payment, some use the term for coupons or vouchers, when used to subsidies part of the full amount of payment. While this approach can be used for simplifying the concept, it is yet not what is meant by split payment. The major difference between split payment and coupons is in that coupons are used to discount the full a new amount of payment - which is later paid in full by a single payment method in a single transaction. A significant difference between a split payment implementation and a coupon implementation is the stage at which they appear during the checkout process. A coupon is implemented before the payment process, also referred to as the shopping cart. The split payment is implemented during the process of the checkout, usually one of the lasts steps.

Single Payment Scheme - Basic Payment Scheme

Political agreement on CAP reform was reached in 2013. In January 2015, the Single Payment Scheme was replaced by the Basic Payment Scheme (BPS).

Payment gateway - White label payment gateway

Some payment gateways offer white label services, which allow payment service providers, e-commerce platforms, ISOs, resellers, or acquiring banks to fully brand the payment gateway’s technology as their own. This means PSPs or other third parties can own the end-to-end user experience without bringing payments operations—and additional risk management and compliance responsibility—in house.

Funeral Support Payment - Funeral Support Payment

On 16 September 2019, Funeral Support Payment replaced the UK's Funeral payment in Scotland. The benefit widened the eligibility of the UK's funeral payment, allowing more people to apply for it. It also increased the flat rate of the payment to take into account inflation.

Royalty payment - Conventional forms of royalty payment

Who license music (to music-users) and act as royalty collection and distribution agencies for their members. These funds are distributed quarterly though there can be delays depending on what PRO is being used to collect on music royalties. If copyrights holder(s) want payment sooner they have an option to take out an advance against their royalties with their PRO though these are based around 100% recoupment.

Faster Payment System - Payment by QR code

Participants in the FPS share a common standard for the QR code which allows paying to merchants using a variety of payment methods like bank cards, stored value facilities or direct debit from bank accounts.

Faster Payment System - Payment by QR code

HKMA has released a tool for merchants to convert QR codes from different payment providers into a single standard QR code.

Heartland Payment Systems - Litigation against Mercury Payment Systems

In January 2014, Heartland filed a lawsuit against the company Mercury Payment Systems, an electronic payment provider, for alleged false advertising and "other deceptive trade practices". The lawsuit concerns interchange fees charged by credit card networks and alleges violations of the Lanham Act and state laws.

Mobile payment - Remote payment by SMS and credit card tokenization

In comparison to premium short code programs which often exist in isolation, relationship marketing and payment systems are often integrated with CRM, ERP, marketing-automation platforms, and reservation systems. Many of the problems inherent with premium SMS have been addressed by solution providers. Remembering keywords is not required since sessions are initiated by the enterprise to establish a transaction specific context. Reply messages are linked to the proper session and authenticated either synchronously through a very short expiry period (every reply is assumed to be to the last message sent) or by tracking session according to varying reply addresses and/or reply options.

Mobile payment - Remote payment by SMS and credit card tokenization

To date, point-of-sales mobile payment solutions have not relied on SMS-based authentication as a payment mechanism, but remote payments such as bill payments, seat upgrades on flights, and membership or subscription renewals are commonplace.

Payment Services Directive - Revised Directive on Payment Services (PSD2)

On 8 October 2015, the European Parliament adopted the European Commission proposal to create safer and more innovative European payments (PSD2, Directive (EU) 2015/2366). The new rules aim to better protect consumers when they pay online, promote the development and use of innovative online and mobile payments such as through open banking, and make cross-border European payment services safer.

Mobile payment - Remote payment by SMS and credit card tokenization

Even as the volume of Premium SMS transactions have flattened, many cloud-based payment systems continue to use SMS for presentment, authorization, and authentication, while the payment itself is processed through existing payment networks such as credit and debit card networks. These solutions combine the ubiquity of the SMS channel, with the security and reliability of existing payment infrastructure. Since SMS lacks end-to-end encryption, such solutions employ a higher-level security strategies known as 'tokenization' and 'target removal' whereby payment occurs without transmitting any sensitive account details, username, password, or PIN.

Payment card industry - Payment Card Industry Security Standards Council

On 7 September 2006, American Express, Discover Financial Services, Japan Credit Bureau, MasterCard Worldwide and Visa International formed the Payment Card Industry Security Standards Council (PCI SSC) security council with the goal of managing the ongoing evolution of the Payment Card Industry Data Security Standard. The council itself claims to be independent of the various card vendors that make up the council. As of 1 August 2014, the PCI SSC website lists 688 "Participating Organizations". Internationally, 61 different financial institutions were noted, including Bank of America, Capital One, JP Morgan Chase, Royal Bank of Scotland, TD Bank and Wells Fargo. A total of 275 merchants were listed, including Amazon.com, Burger King, Citgo, Dell, Equifax, Exxon Mobil, Global Cash Access, Motorola, Microsoft, Southwest Airlines and Walmart.

Security of payment - Security of Payment in the UK

The UK's security of payment scheme can be found in the Housing Grants, Construction and Regeneration Act 1996. This Act was amended in 2009 by the passage of the Local Democracy, Economic Development and Construction Act 2009.

E-commerce payment system - Methods of online payment

Credit cards constitute a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily. Debit cards constitute an excellent alternative with similar security but usually much cheaper charges. Besides card-based payments, alternative payment methods have emerged and sometimes even claimed market leadership. Wallets like PayPal and Alipay are playing major roles in the ecosystem. Bitcoin payment processors are a cheaper alternative for accepting payments online which also offer better protection from fraud.{ Accept Bitcoin |date=April 2019}}

Security of payment - Reviews of Security of Payment Legislation

The NSW Office of Fair Trading is also conducting a full review of the NSW Security of Payment legislation following a discussion paper released in December 2015. Submissions closed on 26 February 2016. There is no publicly available final due date for this report.

Prepaid Payment Instruments in India - Open System Payment Instruments

These payment instruments can be used for purchase of goods and services and also permit cash withdrawal at ATMs, Merchant Local Locations, and automated business correspondents.

Prepaid Payment Instruments in India - Closed System Payment Instruments

These are payment instruments issued by a person for facilitating the purchase of goods and services from him/her/it.

Prepaid Payment Instruments in India - Categories of Prepaid Payment Instruments

The prepaid payment instruments that can be issued in the country are classified under following categories: