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  2. Informal value transfer system - Wikipedia

    en.wikipedia.org/wiki/Informal_value_transfer_system

    the constant change in the world political environments, unsatisfiable payment systems, and/or a rapid continuously changing financial sector; a lack of easily accessible formal financial institutions in remote areas of some countries; transfers that are more efficient, reliable, and cheaper than formal financial institutions.

  3. List of scams - Wikipedia

    en.wikipedia.org/wiki/List_of_scams

    A person is sent a money order, often from Western Union, [79] or a check for a larger sum than a mystery purchase he is required to make, with a request to deposit it into his bank account, use a portion for a mystery purchase and fee, and wire the remainder through a wire transfer company such as Western Union or MoneyGram; the money is to be ...

  4. Electronic invoicing - Wikipedia

    en.wikipedia.org/wiki/Electronic_invoicing

    UML class diagram depicting a invoice. Electronic invoicing (also called e-invoicing or einvoicing) is a form of electronic billing.E-invoicing includes a number of different technologies and entry options and is usually used as an umbrella term to describe any method by which a document is electronically presented from one party to another, either for payment [1] or to present and monitor ...

  5. Western Union - Wikipedia

    en.wikipedia.org/wiki/Western_Union

    Western Union Telegraph Building, lithograph. The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado.. Founded in 1851 as the New York and Mississippi Valley Printing Telegraph Company in Rochester, New York, [3] the company changed its name to the Western Union Telegraph Company in 1856 after merging with several other telegraph ...

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  7. Wire transfer - Wikipedia

    en.wikipedia.org/wiki/Wire_transfer

    Other forms of electronic transfers include, for example, electronic funds transfer system (EFTS). This is the system used to transfer money from a bank account to another party. It is also the system used in some payments made via a bank's online bill payment service.

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