One leg payment and Opex: Difference between pages

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imported>Doug Williamson
(Remove quote and link due to update.)
 
imported>Doug Williamson
(Create the page. Source: The Treasurer, September 2016, p21.)
 
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''Payment Services Directive 2 (PSD2)''.
'''Op'''erating '''Ex'''penditure.


A one leg payment is one where only one of two payment service providers involved is located in the European Union (EU).
Opex is expenditure on items which are consumed, or whose benefits are otherwise enjoyed, in the short term, generally within the current financial reporting period.
 
Also known as 'one-leg-out' payments.
 
 
PSD2 sets out improved transparency: payments going out of the EU are required to have transparency on cost, opening the way to better management of one leg payments.


Opex is contrasted with capital expenditure ('capex').




== See also ==
== See also ==
* [[European Union]]
* [[Capitalise]]
* [[Payment service provider]]
* [[Capital expenditure]]
* [[Payment Services Directive]]
* [[Expenditure]]
* [[Payments and payment systems]]
* [[Revenue expenditure]]
* [[PSD2]]
* [[Single Euro Payments Area]]
 
[[Category:Cash_management]]

Revision as of 15:11, 6 September 2016

Operating Expenditure.

Opex is expenditure on items which are consumed, or whose benefits are otherwise enjoyed, in the short term, generally within the current financial reporting period.

Opex is contrasted with capital expenditure ('capex').


See also