Topic

Payment Basics

49 questions
What is payment clearing? Dec 11, 2023 Payments (General) What is an Online vs. Offline Transaction? Dec 2, 2023 Payments (General) What would be considered a nested transaction for cross border money transfer? Jan 3, 2023 Payments (General) What is Interoperability in payments? Jan 2, 2023 Payments (General) How to do Money Transfer? Sep 26, 2022 Payments (General) Can USD cash be used for everyday transactions in Venezuela (like taxis and meals), or do I need bolivars? Mar 8, 2020 Payments (General) What is the total amount of money transferred globally each day? Feb 2, 2020 Payments (General) Besides cash and precious metals like gold, what other forms of payment would you personally accept? Jan 8, 2019 Payments (General) Can a PayPal account be linked to a Pakistani national bank account? Dec 12, 2018 Payments (General) Which types of payment methods are safest? Oct 2, 2016 Payments (General) Why do banks and payment services sometimes ask users to enter the same details twice? Jul 12, 2016 Payments (General) Why are NFC readers popular in most mobile payment solutions for physical purchases? May 6, 2016 Payments (General) In simple terms, what is a payment and settlement system? Feb 1, 2016 Payments (General) How would you feel if you didn’t receive a printed receipt when paying in person with a credit or debit card? Dec 2, 2015 Payments (General) Why doesn’t PayPal let users change the country associated with their account? Nov 1, 2015 Payments (General) How can you tell whether a money order has already been cashed? Sep 11, 2015 Payments (General) Which types of financial transactions feel most personally rewarding or satisfying? Sep 10, 2015 Payments (General) Is it possible to link a Meezan Bank account with PayPal? Sep 9, 2015 Payments (General) What is the best way to receive money anonymously? Jul 12, 2015 Payments (General) How does an online money transfer actually work from a technical and process standpoint? Jul 8, 2015 Payments (General) If I want to authorize a card for payment but only charge after the service is delivered, is “tokenization” the correct term for this process? Jun 7, 2015 Payments (General) What would you consider the ideal payment method at a retail checkout that could replace cash? May 5, 2015 Payments (General) Which countries are largely card-only where you can pay almost everywhere with a credit card? Apr 5, 2015 Payments (General) Do we actually need cents anymore, and why not price everything purely in whole dollars? Mar 6, 2015 Payments (General) What is the proper definition of a third-party payment service? Jan 8, 2015 Payments (General) In payments, what does the term “rails” mean? Nov 5, 2014 Payments (General) How does the payment-processing industry function end-to-end? Sep 12, 2014 Payments (General) In which countries do people prefer to use cash exclusively rather than bank cards? Aug 10, 2014 Payments (General) In which countries does PayPal offer its full feature set rather than acting only as a simple payment gateway? Jul 5, 2014 Payments (General) What are bank drafts or bank draft checks typically used for? May 12, 2014 Payments (General) As the person issuing the check, can I restrict how long the recipient has to deposit it? Feb 6, 2014 Payments (General) How do I cash a cheque that is older than six months? Jan 2, 2014 Payments (General) What kind of security or protection does a crossed cheque (check) provide? Jan 2, 2014 Payments (General) What happens if a check includes a fractional cent amount? Jan 2, 2014 Payments (General) How can a cheque older than six months be redeemed? Jan 2, 2014 Payments (General) What protection does a crossed cheque provide? Jan 2, 2014 Payments (General) How do currency note-counting machines function? Jan 1, 2014 Payments (General) Does offering your account-to-account price for free actually work in practice? Jun 11, 2013 Payments (General) How do check-cashing services confirm there’s money behind a check? May 9, 2013 Payments (General) How do check-cashing services verify whether a check has sufficient funds? May 9, 2013 Payments (General) Why are wages distributed in periodic cycles like biweekly rather than continuously in real time? Apr 12, 2013 Payments (General) Do hotels typically charge guests for internet access? Apr 7, 2013 Payments (General) Approximately how many payment transactions occur globally each day? Dec 11, 2012 Payments (General) What are the most effective methods to start and finalize an offline transaction through online channels? Sep 7, 2012 Payments (General) What features define the ideal electronic payment service? Sep 3, 2012 Payments (General) Is there a PayPal-equivalent payment service in South Korea? Jun 7, 2012 Payments (General) How much do younger generations rely on cash compared to digital payments? Mar 9, 2012 Payments (General) Which countries allow invoicing in a currency other than the local legal tender? Nov 3, 2011 Payments (General) In which countries can invoices be issued in a foreign currency for local transactions? Nov 3, 2011 Payments (General)