Global Economy Meeting and Merchant: Difference between pages

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The Global Economy Meeting (GEM) is the principal discussion forum of central bank Governors during the regular [[Bank for International Settlements]] (BIS) bimonthly meetings.
''Payment systems - credit and debit cards.''


The committee monitors and assesses developments in the world economy and the global financial system. It provides a forum for discussion and cooperation and central banks. It guides and receives reports from the Basel-based central bank committees: the [[Committee on the Global Financial System]] (CGFS), [[Committee on Payments and Market Infrastructures]] (CPMI) (called the Committee on Payment and Settlement Systems (CPSS) up to September 1 2014) and the [[Markets Committee]].  
In the context of credit and debit cards, a merchant is a business that sells goods and services via cards, whether online or physically presented.


The GEM comprises the Governors of 30 BIS member central banks in major advanced and emerging market economies that account for about four fifths of global GDP and meetings are observed by Governors from several other central banks.
 
== See also ==
* [[Acquirer]]
* [[Card scheme]]
* [[Credit card]]
* [[Debit card]]
* [[European Association of Payment Service Providers for Merchants]]
* [[Payment service provider]]
* [[Payments and payment systems]]
* [[PSD2]]
* [[Recourse]]
* [[Strong Customer Authentication]]
 
[[Category:The_business_context]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]

Revision as of 09:06, 22 July 2019

Payment systems - credit and debit cards.

In the context of credit and debit cards, a merchant is a business that sells goods and services via cards, whether online or physically presented.


See also