MAS Electronic Payment System definition

MAS Electronic Payment System means the electronic fund transfer system that is operated by the Monetary Authority of Singapore for the transfer of funds;

Related to MAS Electronic Payment System

  • 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.

  • Electronic Payment means a payment to or from the account made by any means other than cash or cheque;

  • State electronic verification system means the system described in Section 26-61a-103.

  • Electronic Interface means access to operations support systems consisting of preordering, ordering, provisioning, maintenance and repair and billing functions.

  • Electronic PHI means PHI created, received, maintained or transmitted electronically in accordance with 45 CFR § 160.103.