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… The end-user (person or organization) who receives funds when a payment item is credited to their account …
… – the process of transmitting and reconciling a payment in an automated fashion, such that no human intervention is required. …
… A disruption to the payments ecosystem that has a material impact on ecosystem service providers or end users as a group. … System risk …
… The end-user (person or organization) who authorizes their financial institution to debit their account for the amount of a payment item …
… Payments are exchanged, cleared and settled through a single … where they are routed and validated by a central institution …
… Payments are exchanged, cleared and settled through multiple …
… The financial institution to which a debit payment item is addressed and which is …