Overview#

Payment is the trade of value from one entity (such as a Natural Person or Organizational Entity) to another entity for products, or services, or to fulfill a legal obligation.

Payment usually involves a Funds Transfer System

Payment Transaction the process used to make payment

More Information#

There might be more information for this subject on one of the following:

• Federal Reserve Wire Network
• Financial transaction
• Payment Service Provider
• Payment Transaction
• Ripple Transaction Protocol
• Secure Element