Open Banking is a financial set of standards that allows third-party providers (TPPs) to access cust...
Micropayments refer to small-value digital transactions, often used for online content, gaming and d...
Peer-to-Peer (P2P) payments refer to the transfer of funds directly between individuals, often via m...
Card issuing refers to the process by which financial institutions provide payment cards (credit, de...
A Point of Sale (POS) system refers to the hardware and software used to process transactions in phy...
Tokenisation is the process of replacing sensitive payment data with a non-sensitive token. This pro...
Clearing and settlement refer to the sequential processes by which financial transactions are valida...
Accounts Payable (AP) refers to a business’s financial obligations to suppliers for goods and servic...
Know Your Customer (KYC) is a regulatory process requiring businesses to verify customer identities ...
