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  2. Payment system - Wikipedia

    en.wikipedia.org/wiki/Payment_system

    Payment system. A payment system is any system used to settle financial transactions through the transfer of monetary value. This includes the institutions, payment instruments such as payment cards, people, rules, procedures, standards, and technologies that make its exchange possible. [1][2] A payment system is an operational network which ...

  3. E-commerce payment system - Wikipedia

    en.wikipedia.org/wiki/E-commerce_payment_system

    There are varied types of electronic payment methods such as online credit card transactions, e-wallets, e-cash and wireless payment system. [5] Credit cards constitute a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily.

  4. Automated clearing house - Wikipedia

    en.wikipedia.org/wiki/Automated_Clearing_House

    Banking. An automated clearing house (ACH) is a computer-based electronic network for processing transactions, [1] usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits. [2][3] The ACH system is designed to process batches of payments containing numerous ...

  5. Payment card - Wikipedia

    en.wikipedia.org/wiki/Payment_card

    Cardholder's name. [1] Payment cards are part of a payment system issued by financial institutions, such as a bank, to a customer that enables its owner (the cardholder) to access the funds in the customer's designated bank accounts, or through a credit account and make payments by electronic transfer with a payment terminal and access ...

  6. List of online payment service providers - Wikipedia

    en.wikipedia.org/wiki/List_of_online_payment...

    The following is a list of notable online payment service providers and payment gateway providing ... Heartland Payment Systems: Online, [2] POS, mobile: United ...

  7. Wage payment systems - Wikipedia

    en.wikipedia.org/wiki/Wage_Payment_Systems

    Payment on Result. Straight piecework system : The wages of the worker depend upon his output and rate of each unit of output; it is in fact independent of the time taken by him. Differential piece work system: This system provide for higher rewards to more efficient workers. For different levels of output below and above the standard ...

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