Waterfall Payments
Waterfall Payments
What are the Waterfall Payments?
Waterfall Payment is a payment method wherein a high-tier creditor's interest and ...
Tag Archives: payment
26
Nov
What is the Gold Standard?
Gold Standard
Gold standard, as the name suggests, is a type of monetary system used for the exchange of currency (paper currency). It...
18
Oct
Merchant Account
Merchant Account
The term "Merchant" means the company or any individual who is involved in the activity of trading or selling of the g...
17
Sep
What is TARGET2 and what function does it serve?
What is TARGET2
CONCEPT:
Modern economics relies on the safe and efficient flow of transactions. Payment systems provide the network th...
22
Aug
The Clearing House Interbank Payment System (CHIPS)
THE CLEARING HOUSE INTERBANK PAYMENT SYSTEM ( CHIPS ):
What is the Clearing House Interbank Payment System:
The Clearing House Inter...
21
Aug
Multi-Currency or Single Currency Account?
Multi-Currency or Single Currency Account
Before answering the question let us first know more details about both the account types.
S...