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Payment gateway |
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Payment gatewayA system of allowing real-time credit card authorization by connecting a website order form to the credit card processing system.Similar MatchesBalloon PaymentBalloon PaymentThe unpaid principal amount of a loan due on a specific date in the future. Usually the amount that must be paid in a lump sum at the end of the term. Balance of paymentsBalance of payments1. A list, or accounting, of all of a country's international transactions for a given time period, usually one year. Payments into the country (receipts) are entered as positive numbers, called credits; payments out of the country (payments) are entered as negative numbers called debits. 2. A single number summarizing all of a country's international transactions: the balance of payments surplus. Maintenance paymentsMaintenance paymentsMoney paid by a divorced person to his/her partner to assist with living expenses. From the taxation point of view, maintenance may be enforceable following a court order, or voluntary. Where maintenance is enforceable the recipient will, under certain circumstances, be liable for tax, depending on when the order was made and the amount paid. The person making the payments can claim limited tax relief. For voluntary payments, the recipient is not liable for tax and the person making the payments cannot claim tax relief. European Payments UnionEuropean Payments UnionAn international arrangement for settling payments among member countries in Europe during a period in which many of the countries' currencies were not convertible. The EPU functioned from 1950 to 1958, after which it was replaced by the EMA. Transfer paymentsTransfer paymentsPayments from a government to its citizens, such as welfare and other government benefits. Further SuggestionsPayment floatBreak even payment rate Late payment Repayment term Payments pattern Balance of payments deficit repayment mortgage Balance of payments adjustment mechanism Documents against payment Payment holiday graduated payment mortgage Prepayments Optional payment bond Repayment mortgage prepayment fee Payment in kind (PIK) bond Deferred payment annuity Monthly repayment Periodic payment plan Progress payments clearing house interbank payment system Payments imbalance Facilitating payment Payment shock payment card |
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