Euroclear glossary. 2008.
direct payment method — With this method, the system paying agent ( SPA) distributes cash proceeds directly to the holders on the payment date based on the holders position in the underlying security at close of business on the record date. Euroclear Clearing and… … Financial and business terms
Direct and Counter-Cyclical Program — The Direct and Counter cyclical Payment Program (DCP) of the USDA provides payments to eligible producers on farms enrolled for the 2002 through 2007 crop years. There are two types of DCP payments – direct payments and counter cyclical payments … Wikipedia
direct debit — n. direct transfer of funds from one bank to another; payment method where the payer permits the payee to take money from directly from his bank account … English contemporary dictionary
Direct debit — A direct debit or direct withdrawal is an instruction that a bank account holder gives to his or her bank to collect an amount directly from another account. It is similar to a direct deposit but initiated by the beneficiary. It is also called… … Wikipedia
Direct Deposit — Electronic funds that are deposited directly into your bank account rather than through a paper check. Common uses of a direct deposit include income tax refunds and pay checks. As a whole, direct deposit is the most popular form of payment as it … Investment dictionary
direct deposit — A system wherein amounts are transferred from a payor s checking account to the accounts of payees no matter where they bank. The transfers are made electronically and do not require a paper check or draft. The key consideration is that the… … Financial and business terms
direct deposit — noun Date: 1974 a method of payment in which money is transferred directly to the payee s account without the use of checks or cash … New Collegiate Dictionary
Mobile payment — Part of a series on Electronic commerce Online goods and services Streaming media Electronic books Softwar … Wikipedia
E-commerce payment systems — One of the main requirements in e commerce is the ability to accept a form of electronic payment. This form of electronic payment is referred to as financial electronic data interchange (FEDI). FEDI has become increasingly popular over the last… … Wikipedia
Proof-of-payment — or POP is an honor based fare collection approach used on many public transportation systems. Instead of checking each passenger as they enter a fare control zone, proof of payment requires that each passenger carry a ticket or pass proving that… … Wikipedia
