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2. QR code payment - Wikipedia

   en.wikipedia.org/wiki/QR_code_payment

   A QR code payment is a mobile payment method where payment is performed by scanning a QR code from a mobile app. [1] This is an alternative to doing electronic funds transfer at point of sale using a payment terminal. [2] This avoids a lot of the infrastructure traditionally associated with electronic payments such as payment cards, payment ...

3. Peer-to-peer transaction - Wikipedia

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

   Through the P2P payment application, each individual's account is linked to one or more of the user's bank accounts. When a transaction occurs, the account balance in the application records the transaction and either sends or pulls money directly to the user's bank account or stores it in the user's account within the application.

4. Mobile payment - Wikipedia

   en.wikipedia.org/wiki/Mobile_payment

   QR codes can be of two main categories: [49] [citation needed] The QR code is presented on the mobile device of the person paying and scanned by a POS or another mobile device of the payee; The QR code is presented by the payee, in a static or one time generated fashion and it is scanned by the person executing the payment

5. Is it safe to link bank accounts?

   www.aol.com/finance/safe-bank-accounts-163910379...

   Key takeaways. Linking bank accounts enables you to transfer funds between two accounts. Having linked accounts can prove useful when you want to pay bills or add money to your savings. To help ...

6. Unified Payments Interface - Wikipedia

   en.wikipedia.org/wiki/Unified_Payments_Interface

   For real-time payments from one bank account to another, any UPI client app can be used and multiple bank accounts can be linked to a single app. Money can be sent or requested using a user-created Virtual Payment Address (VPA) or UPI ID for each bank account using the KYC-linked mobile number. UPI also generates a specific QR code for each ...

7. Automatic identification and data capture - Wikipedia

   en.wikipedia.org/wiki/Automatic_identification...

   Automatic identification and data capture. Automatic identification and data capture ( AIDC) refers to the methods of automatically identifying objects, collecting data about them, and entering them directly into computer systems, without human involvement. Technologies typically considered as part of AIDC include QR codes, [1] bar codes, radio ...

8. Mobile banking - Wikipedia

   en.wikipedia.org/wiki/Mobile_banking

   Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose.

9. International Bank Account Number - Wikipedia

   en.wikipedia.org/wiki/International_Bank_Account...

   A typical British bank statementheader (from a fictitious bank), showing the location of the account's IBAN. The International Bank Account Number(IBAN) is an internationally agreed upon system of identifying bank accountsacross national borders to facilitate the communication and processing of cross border transactions with a reduced risk of ...