Book value and Payment service provider: Difference between pages

Revision as of 11:01, 18 March 2017

Payment systems

(PSP).

1.

Defined broadly, a payment service provider is an organisation that:

provides payment services to others that are not participants in a payment system
for the purposes of enabling the transfer of funds using the payment system.

2.

In a narrower sense, an online payment service provider (PSP) enables e-commerce merchants to accept payments on the merchant's own website.

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-The value as recorded in a company’s books, in other words its accounts including its published balance sheet.
+''Payment systems''
+(PSP).
-Historically, the book value of an asset was generally its original cost less any depreciation or other write-down in value.
+.
-This was distinct from - and could be very different from - prevailing market value, the fair market price which the asset might be expected to raise if offered for sale.
+Defined broadly, a payment service provider is an organisation that:
+*provides payment services to others that are not participants in a payment system
+*for the purposes of enabling the transfer of funds using the payment system.
-In order to address the problems arising from differences between book values and market values, accounting practice has moved substantially toward a system of book valuation which is aligned much more closely with market values.
+.
+In a narrower sense, an online payment service provider (PSP) enables e-commerce merchants to accept payments on the merchant's own website.
 == See also ==
-* [[Book entry]]
+*[[Aggregator]]
-* [[Equity]]
+*[[e-commerce]]
-* [[Market value]]
+*[[Faster Payments Service]]
-* [[Market value added]]
+*[[Fintech]]
-* [[Net book value]]
+*[[Information technology]]
-* [[Return on capital employed]]
+*[[P2P]]
-* [[Shareholders’ funds]]
+*[[Payment system]]
+*[[TTP]]