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A direct-shift gearbox (DSG, German: Direktschaltgetriebe [1]) [2] [3] is an electronically controlled, dual-clutch, [2] multiple-shaft, automatic gearbox, in either a transaxle or traditional transmission layout (depending on engine/drive configuration), with automated clutch operation, and with fully-automatic [2] or semi-manual gear selection.
In most systems, vehicles using the system are equipped with an automated radio transponder device. When the vehicle passes a roadside toll reader device, a radio signal from the reader triggers the transponder, which transmits back an identifying number which registers the vehicle's use of the road, and an electronic payment system charges the ...
BRICS PAY will feature a decentralized Cross-border messaging system (DCMS), developed by scientists of the Center of Saint-Petersburg State University of Russia. DCMS operates, transparently, without any central owner or hub. Participants manage their own nodes, allegedly making the system resistant to external abuse, control or interference.
Signing up for automatic payments can also give you a break from your student loans. For example, students who enroll in auto debit for Sallie Mae’s private student loans can qualify for a 0.25 ...
ACH payments contrast with real-time gross settlement (RTGS) payments which are processed immediately by the central RTGS system and not subject to any waiting period on a one-to-one basis. ACH systems are typically used for low-value, non-urgent transactions while RTGS systems are typically used for high-value, urgent transactions.
In the United States, the ACH Network is the national automated clearing house (ACH) for electronic funds transfers established in the 1960s and 1970s. It is a financial utility owned by US banks, and is one of the largest payments networks in the United States, both by volume and by customer reach; virtually every bank account in the US, whether personal or commercial, is connected to the ...
A payment system is any system used to settle financial transactions through the transfer of monetary value. This includes the institutions , payment instruments such as payment cards , people, rules, procedures, standards, and technologies that make its exchange possible.
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