Payments
- chaining
Chaining is a settlement arrangement in which the completion of one instruction helps make the assets or credit needed for another instruction available. By linking mutually …
- cheque
A cheque is a banking instrument that allows an account holder to request that funds be transferred from their account to an identified payee, or in …
- chip card (smart card)
A chip card, or smart card, is a payment credential with an integrated circuit that can securely retain data and perform certain operations during a transaction. …
- clearing system
Clearing is the process of reconciling and determining the amounts that participants in a financial transaction must deliver or receive before those amounts are finally paid …