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A Universal Payment Identification Code (UPIC) is an identifier (or banking address) for a bank account in the United States used to receive electronic credit payments. [1] A UPIC acts exactly like a US bank account number and protects sensitive banking information.
Unified Payments Interface (UPI) is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.
March 11, 2013: Online Resources Corporation was acquired. [22] November 5, 2013:The purchase of Official Payments Holdings, [23] a seller of electronic bill payment technology that processed about 20 million payments, worth more than $9 billion, annually, was completed. [24] July 21, 2014: An agreement was announced to acquire Retail Decisions ...
Visa has released a whitepaper for the Universal Payment Channels, a “hub-and-spoke” model for interoperability among various Distributed Ledger Technologies.
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
Paying bills is hardly a fun thing. It has developed technology to give people a way to pay bills outside of traditional methods, such as through the mail, over the phone or via a Web portal.