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  2. Online transaction processing - Wikipedia

    en.wikipedia.org/wiki/Online_transaction_processing

    An automated teller machine (ATM) for a bank is an example of a commercial transaction processing application. [3] Online transaction processing applications have high throughput and are insert- or update-intensive in database management. These applications are used concurrently by hundreds of users.

  3. Mobile payment - Wikipedia

    en.wikipedia.org/wiki/Mobile_payment

    The payment could be deducted from a pre-paid account or charged to a mobile or bank account directly. Mobile payment method via NFC faces significant challenges for wide and fast adoption, due to lack of supporting infrastructure, complex ecosystem of stakeholders, and standards. [25] Some phone manufacturers and banks, however, are enthusiastic.

  4. List of online payment service providers - Wikipedia

    en.wikipedia.org/wiki/List_of_online_payment...

    The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: (POS -- Point of Sale ) Company

  5. Google Pay (payment method) - Wikipedia

    en.wikipedia.org/wiki/Google_Pay_(payment_method)

    Google Pay (formerly Android Pay) is a mobile payment service developed by Google to power in-app, online, and in-person contactless purchases on mobile devices, enabling users to make payments with Android phones, tablets, or watches. Users can authenticate via a PIN, passcode, or biometrics such as 3D face scanning or fingerprint recognition. [1]

  6. Electronic billing - Wikipedia

    en.wikipedia.org/wiki/Electronic_billing

    An example would be of a public utility company offering this payment service to its consumers. [3] A market has emerged for outsourced billing providers who specialize in electronic billing processes and technology for companies that need to send bills directly to their customers.

  7. Peer-to-peer transaction - Wikipedia

    en.wikipedia.org/wiki/Peer-to-peer_transaction

    P2P payment application functionality varies, but the processes generally follow a similar structure: First, the user downloads the application and creates an account and links it to a credit card, debit card, or bank account. Then the user can create contacts and send payments using another user's email address, phone number, or account handle.

  8. Payment system - Wikipedia

    en.wikipedia.org/wiki/Payment_system

    [1] [2] A payment system is an operational network which links bank accounts and provides for monetary exchange using bank deposits. [3] Some payment systems also include credit mechanisms, which are essentially a different aspect of payment. Payment systems are used in lieu of tendering cash in domestic and international transactions. This ...

  9. Loan origination - Wikipedia

    en.wikipedia.org/wiki/Loan_origination

    Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process.

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