Dating sites that accept debit cards

08-Jun-2020 14:17

The payment itself is a booking in the loro accounts of the central bank where P's loro account is debited with N (it will be B-N≥0 thereafter) and simultaneously Rs loro account is credit with N (its balance C will be C N≥0 thereafter). If the payer P maintains a loro account for another bank X, P can act as a payment agent for X: X instructs P to pay to R; then P instructs CB(Ccy) to pay on behalf of X: [X→P→CB→R].In this example the first half of the payment is indirect and the second one (from CB(Ccy) to R) is still direct.Credit card, debit card, cheque, money transfers, and recurring cash or ACH (Automated Clearing House) disbursements are all electronic payments methods.Electronic payments technologies include magnetic stripe cards, smartcards, contactless cards, and mobile payments.If we define (p,q) where p is number of parties on the sender side and q on the receiver side, we can classify the directness of payments.

A barter payment requires a minimum of two parties (the purchaser and the seller).The infrastructure and electronic clearing methods are formed by the payment provider.