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The Sparkassen-Finanzgruppe ("Savings Banks Financial Group") is a network of public banks that together form the largest financial services group in Germany and in all of Europe. Its name refers to local government-controlled savings banks that are known in German as Sparkasse , plural Sparkassen . [ 2 ]
Giro systems originated in Ptolemaic Egypt in the 4th century BCE, where state granary deposits functioned as an early banking system with a central bank in Alexandria [5] accepting giro payments. Giro was a common method of money transfer in early banking. The first occurrences of book money are not known exactly.
Singapore Power Group, doing business as SP Group is a state-owned electricity and gas distribution company in Singapore. SP Group is the corporatised entity of the former electricity and gas departments of the Public Utilities Board (PUB). SP Group was first incorporated as a commercial entity on 1 October 1995 as Singapore Power and Gas to ...
QR code payment is a payment initiated using a QR Code scanned from POS terminal or Digital wallet; Transfers initiated by telephone (Mail Order/Telephone Order) Electronic funds transfer at point of sale (EFTPOS) are transfers resulting from credit or debit card transactions initiated through a payment terminal; Web/Internet Online Payments (E ...
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
Manage Auto Reload services through GIRO or Credit/Debit Card [70] Payment of penalty fee Express claims and filing for refunds Emailing of travel transactions For those using cash, no change is given in the machine. Cash can only be used with $2, $5, $10 and $50 banknotes. Assisted Service Kiosk (ASK) Thomson–East Coast Line NETS Credit ...
Bankgirot is a proprietary clearing system (a giro) in Sweden used for transactions such as bill payments. It is owned by multiple Swedish banking conglomerates. The clearing system is connected with the banks enabling payments to be received directly into bank accounts.
It is optimised for online banking, though it is also available via the post (Brevgiro), using a telephone (Telegiro) or based on automation, including the services Avtalegiro, Autogiro and eFaktura. The system dates back to 1973, when the commercial banks and the saving banks created a common system, that could compete with the Postgiro system ...