Cash Payment System definition

Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.
Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instruments to the designated payee.
Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This

Examples of Cash Payment System in a sentence

  • This concept originates from "Bitcoin: A Peer-to-Peer Cash Payment System" published by Nakamoto in the cryptography mailing list of cryptography Info Page at the end of 2008.

  • Recently, blockchain technology using cryptographic methods has been introduced to protect data security and integrity [8].Blockchain technology emerged in 2008 with a study by Satoshi Nakamoto named "Bitcoin: Peer-to- Peer Electronic Cash Payment System" [9] and the structure that forms the basis of Bitcoin, which is presented as a crypto digital currency.

  • Payment records entered into the Special Cash Payment System (SPL5) may be updated the same day as entered.

  • A CA-View Report (WSP0015X-A – Input to Check Processing) is created when information is entered into the Special Cash Payment System.

  • Published premium payment due dates are to be observed and scheduled accordingly using the Cash Payment System (CPS) for settlement(s) between inter-company receivable/payables.

  • Electronic Cash Payment System: Mondex - Mondex involves six different entities: - Franchisees: grant the right and obligations to manage and promote and exploit Mondex in their geographic territory.

  • Blue Cash transfers cannot be made to bank accounts at mBank S.A.§§ 36-40 apply to Blue Cash instant transfers in PLN, however, each time references are made therein:1/ to Express Elixir instant transfers in PLN, they should be deemed as Blue Cash instant transfers in PLN, 2/ to Express Elixir system, it should be deemed as Blue Cash Payment System.

  • Blue Cash instant PLN transfer is a domestic PLN transfer from the Customer’s bank account in PLN to the beneficiary’s account operated by other entity being participant in the Blue Cash Payment System (maintained by Blue Media S.A.).

  • It is available through online, floppy disk, documents or through an agent in his own name for the applicant; and, (c) Cash Payment System - Cash is paid in JPO through Bank of Japan (including its agents) and a receipt will be presented to JPO The administrative files for registration and the acceptance files for establishment are mechanically inspected for errors in the application.

  • Cash payment is depicted in Figure 2.1. Source (Gao, 2000) Figure 2.1: Cash Payment System 2.3.2 Electronic Payment System Nweke (2015) referred electronic payment system as a system that uses integrated hardware and software to allow for the payment of goods and services by electronic means rather than by the use of physical cash or paper checks.


More Definitions of Cash Payment System

Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic

Related to Cash Payment System

  • payment system means a funds transfer system with formal and standardised arrangements and common rules for the processing, clearing and/or settlement of payment transactions;

  • Electronic Payment System means a payment system that generates any transfer of funds, other than a transaction originated by cash, check, or similar paper instrument, which is initiated through an electronic terminal, telephone, mobile phone, computer, or magnetic tape, for the purpose of ordering, instructing or authorizing a financial institution to debit or credit an account. The term includes debit cards, wire transfers, transfers made at automatic teller machines, and point-of-sale terminals.