Par bond and Payment service provider: Difference between pages

Revision as of 13:51, 10 December 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.

@@ Line 1: / Line 1: @@
-A bond redeemable at par which is currently trading at a market price equal to its par value.
+''Payment systems''.
-The current market yield on the par bond is therefore equal to its coupon rate.
+(PSP).
+.
+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 a narrower sense, an online payment service provider (PSP) enables e-commerce merchants to accept payments on the merchant's own website.
 == See also ==
-* [[Bond]]
+*[[Aggregator]]
-* [[Coupon rate]]
+*[[AISP]]
-* [[Par]]
+*[[Authorised payment institution]]
-* [[Converting from zero coupon rates]]
+*[[e-commerce]]
-* [[Converting from par rates]]
+*[[Faster Payments Service]]
+*[[Fintech]]
+*[[Information technology]]
+*[[P2P]]
+*[[Payment system]]
+*[[Payment Systems Regulator]]
+*[[PISP]]
+*[[TTP]]