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Balance of payments. In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference between all money flowing into the country in a particular period of time (e.g., a quarter or a year) and the outflow of money to the rest of the world. In other ...
Unified Payments Interface, commonly referred to as UPI, is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.
Online Banking ePayments. Online Banking ePayments ( OBeP) is a type of payments network, developed by the banking industry in conjunction with technology providers. It is specifically designed to address the unique requirements of payments made via the Internet. [1] Key aspects of OBeP that distinguish it from other online payments systems are:
Vellakoil. / 10.93; 77.72. Vellakovil is a municipal town in Kangeyam taluk of Tirupur District, in the Indian state of Tamil Nadu. It is located on National Highway 81 between Trichy and Coimbatore. The town is spread in an area of 64.75 km 2. As of 2011, the town had a population of 40,359. Kannapuram village located near to this town is ...
Payonline is an international e-commerce payment system founded in 2009. The company is one of the three biggest internet payment service providers in Russia and a member of the Russian Association for Electronic Communications. The Payonline system provides clients ( websites and mobile apps) with the ability to accept payments made via Visa ...
Electronic Payment ServicesEPS. Electronic Payment Services ( simplified Chinese: 易办事; traditional Chinese: 易辦事; pinyin: Yì bànshì ), commonly known as EPS, is an electronic payment system based in Hong Kong, Macau, and with limited acceptance in Shenzhen since it began operations in 1985. The service is provided by EPS Company ...
A CNG filling station of Indraprastha Gas in Delhi. Indraprastha Gas Limited ( IGL) is an Indian natural gas distribution company that supplies natural gas as cooking and vehicular fuel, primarily in Delhi NCR. Established in 1998, the company is a joint venture between GAIL, Bharat Petroleum, and the Government of Delhi.
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 ...