Payment Instruments |  |
| Title | Abstract | Icon |
|---|---|---|
| Account (Payment Instrument) | An important payment instrument utilised around the world is the bank account. |  |
| Automated Clearing House | Automated Clearing House (ACH) is an electronic network for financial transactions. |  |
| Title | Abstract | Icon |
|---|---|---|
| BB Account | Branchless banking account is a simplified account offered by banks by leveraging new technologies and agent networks in order to expande their reach. | |
| Title | Abstract | Icon |
|---|---|---|
| Card | A payment card is a card that can be used by a cardholder and accepted by a merchant to make a payment for a purchase or in payment of some other obligation. |  |
| Cash | Cash refers to money in the physical form of currency, such as banknotes and coins. |  |
| Cash on Delivery | Cash-on-delivery or Collect on delivery (COD) is a financial transaction where the payment of products or services received is done at the time of actual delivery rather than being paid-for in advance. |  |
| Cheque | Payment by cheque is still important in some countries but its use is declining in others. For example, United Kingdom has been successful in greatly reducing the use of cheques. |  |
| Credit Card | A credit card is a payment card issued to users as a system of payment. It allows the cardholder to pay for goods and services based on the holder's promise to pay for them. | |
| Credit Transfer | Credit transfer refers to the transfer of money from one account to another, also called a wire transfer. |  |
| Title | Abstract | Icon |
|---|---|---|
| Debit Card | A debit card (also known as a bank card or check card) is a plastic payment card that provides the cardholder electronic access to his or her bank account(s) at a financial institution. | |
| Debit Transfer | A transfer of funds in which the payer issues a payment order to the payee, the payee takes the order to the payee's bank and the order is passed back to the payer's bank in exchange for the actual funds. |  |
| Title | Abstract | Icon |
|---|---|---|
| Mobile Billing | Payment for good (normally digital) and services is sometimes allowed through a mobile operator bill or prepaid airtime balance. This is referred to as mobile billing. |  |
| Title | Abstract | Icon |
|---|---|---|
| NFC | Near field communication (NFC) is a set of standards for smartphones and similar devices to establish radio communication with each other by touching them together or bringing them into close proximity, usually no more than a few centimeters. |  |
| Title | Abstract | Icon |
|---|---|---|
| Payment Instrument | The Shift Thought™ framework describes each initiative in terms of a number of attributes, one of which is the types of payment Instruments supported. | |
| Premium Rate Services | Use of premium rate services as a tool for collections for quizzes & competitions, charity donations, voting, digital content, adult services, directory enquiries, gambling and more. | |
| Prepaid Card | A prepaid card is a payment card that is loaded with money prior to spend. A prepaid card is similar to a normal credit or debit card, with a card number, signature strip and company branding. |  |
| Title | Abstract | Icon |
|---|---|---|
| SEPA Credit Transfer (SCT) | SEPA Credit Transfer refers to the transfer of money from a bank account as supported in the Eurozone. | |
| SEPA Direct Debit Transfer | SEPA Direct Debit for the Eurozone works like other direct debit schemes to allow money to be requested from someone else with their prior approval. | |
| Title | Abstract | Icon |
|---|---|---|
| Voucher | A voucher is a bond which is worth a certain monetary value and which may be spent only for specific reasons or on specific goods. |  |
| Title | Abstract | Icon |
|---|---|---|
| Wallet | A wallet is an account that represents stored value that can be primarily accessed using a mobile phone or the internet. |  |
| Title | Abstract | Icon |
|---|---|---|
| Operations | operations of different kinds |  |