Natural and Payment service provider: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Mend link.)
 
imported>Doug Williamson
(Add quote. Source: The Treasurer, April 2019, p8.)
 
Line 1: Line 1:
1.  ''Environmental concerns.''
''Payment systems''.


Existing in nature, without human manufacture or other involvement.
(PSP).


For example, natural assets include geology, soil, air, water and all living things.  
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.  ''Information technology - code - language.''


In relation to language, relating to standard human language rather than computer code.
2.


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


3.  ''Markets.''


A market structure or a market rate that appears efficient and sustainable.
<span style="color:#4B0082">'''''UK PSPs to remain in SEPA'''''</span>


For example, a natural monopoly, or a natural level of interest rates.
:"Whatever shape Brexit takes, UK payment service providers (PSPs) will continue to take part in the Single Euro Payments Area (SEPA).


:SEPA managing authority the European Payments Council (EPC) announced the decision in March, following an application that trade body UK Finance filed with the EPC late last year."


4.  ''Financial maths - maths - logarithms.''
:''The Treasurer magazine, Cash Management Edition April 2019, p8.


A natural logarithm is a logarithm which uses the exponential constant 'e' (approximately 2.718282...) as its base.


It is named natural because so many processes in nature can be described by it.
== See also ==
 
*[[Aggregator]]
 
*[[AISP]]
==See also==
*[[Authorised payment institution]]
* [[Biodiversity]]
*[[Brexit]]
* [[Climate change: testing the resilience of corporates’ creditworthiness to natural catastrophes]]
*[[e-commerce]]
* [[Code]]
*[[Faster Payments Service]]
* [[Environmental concerns]]
*[[Fintech]]
* [[Exponential]]
*[[Information technology]]
* [[Financial maths]]
*[[P2P]]
* [[Information technology]]
*[[Payment system]]
* [[Natural asset]]
*[[Payment Systems Regulator]]
* [[Natural capital ]]
*[[PISP]]
* [[Natural capital accounting]]
*[[Single Euro Payments Area]]
* [[Natural Capital Coalition]]
*[[TTP]]
* [[Natural Capital Committee]]
* [[Natural Capital Protocol]]
* [[Natural interest rate]]
* [[Natural language]]
* [[Natural language generation]]
* [[Natural language processing]]
* [[Natural logarithm]]
* [[Natural monopoly]]
* [[Sustainability]]
* [[Sustainability bond]]
* [[World Forum on Natural Capital]]
 
 
==Other resource==
[https://naturalcapitalforum.com/news/article/sustainability-jargon-buster--10-essential-terms-for-ceos Sustainability jargon buster] www.naturalcapitalforum.com
 
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 06:39, 14 April 2019

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.


UK PSPs to remain in SEPA

"Whatever shape Brexit takes, UK payment service providers (PSPs) will continue to take part in the Single Euro Payments Area (SEPA).
SEPA managing authority the European Payments Council (EPC) announced the decision in March, following an application that trade body UK Finance filed with the EPC late last year."
The Treasurer magazine, Cash Management Edition April 2019, p8.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Natural&oldid=36932’