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  2. Money transfer - Wikipedia

    en.wikipedia.org/wiki/Money_transfer

    Money transfer generally refers to one of the following cashless modes of payment or payment systems: Electronic funds transfer, an umbrella term mostly used for bank card-based payments; Giro (banking), also known as direct deposit; Money order, transfer by postal cheque, money gram or others

  3. Instant payment - Wikipedia

    en.wikipedia.org/wiki/Instant_payment

    Instant payment (sometimes referred to as real-time payment or faster payment) is a method of electronic funds transfer, allowing for almost immediate transfer of money between bank accounts. This was in contrast to the previous transfer times of one to three business days that had been in place until the mid-2010s.

  4. The 7 Best Money Transfer Apps of 2022 - AOL

    www.aol.com/best-money-transfer-apps-stack...

    4.5 out of 5 Overall. Key Features. Free domestic transfers. Great tools for freelancers. Strong security measures. Get Details. PayPal is the grandparent of money transfer apps, as it’s been ...

  5. Electronic funds transfer - Wikipedia

    en.wikipedia.org/wiki/Electronic_funds_transfer

    Electronic funds transfer (EFT) is the transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems. The funds transfer process generally consists of a series of electronic messages sent between financial institutions directing each to make the debit ...

  6. GCash - Wikipedia

    en.wikipedia.org/wiki/GCash

    GCash launched its mobile application in 2012 to shift from physical outlets to a digital cashless system. [6] In 2017, GCash and its rival mobile wallet PayMaya , partnered with Facebook to offer its services within Facebook Messenger , but this partnership wouldn't last due to changes in Facebook's fintech strategy. [ 7 ]

  7. Remittance - Wikipedia

    en.wikipedia.org/wiki/Remittance

    A remittance is a non-commercial transfer of money by a foreign worker, a member of a diaspora community, or a citizen with familial ties abroad, for household income in their home country or homeland. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries.

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