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PaymentProduct

A payment product offered by an institution.

Fields

Undefined

An undefined payment product type. Assigned if the type couldn't be matched to any known types.

Target2Payments

TARGET2 is the real-time gross settlement (RTGS) system owned and operated by the Eurosystem.

SepaCreditTransfers

SEPA Credit Transfer, more commonly abbreviated as SCT, is a payment processing scheme used for making one-time, euro-denominated fund transfers between banks and payment service providers (PSPs) in the SEPA area.

InstantSepaCreditTransfer

Instant SEPA Credit Transfer supports money transfers of up to €100,000 between participating banks or PSPs in the SEPA area in real or near-real time.

CrossBorderCreditTransfers

Cross-border payments are transactions sent from one country and received in a different country.

BacsPaymentSchemesLimited

Bacs Payment Schemes Limited (Bacs), previously known as Bankers' Automated Clearing System, is responsible for the clearing and settlement of UK automated direct debit and Bacs Direct Credit and the provision of third-party services.

ClearingHouseAutomatedPaymentSystem

The Clearing House Automated Payment System (CHAPS) is a real-time gross settlement payment system used for sterling transactions in the United Kingdom.

FasterPaymentScheme

The Faster Payments Service (FPS) is a United Kingdom banking initiative to reduce payment times between different banks' customer accounts to typically a few seconds, from the three working days that transfers usually take using the long-established BACS system.

SwiftPaymentService

SWIFT payments are international electronic transactions facilitated by an intermediary bank.

BalanceTransfer

A balance transfer is the transfer of the balance in an account to another account, often held at another institution. It is most commonly used when describing a credit card balance transfer.

MoneyTransfer

Money transfer generally refers to one of several cashless modes of payment or payment systems.

DomesticCreditTransfer

A domestic transfer is a transfer completed between accounts that are held in the same country.

InstantDomesticCreditTransfer

An instant domestic transfer is a transfer completed between accounts that are held in the same country in real-time.