METHODS OF PAYMENT

METHODS OF PAYMENT

1. EXCHANGING

   • CHANGE COIN, MONEY, BILL

2. PROVISIONING

   • TRANSFER MONEY FRON ONE ACCOUNT TO ANOTHER
     • CREDIT CARD
       • ISSUER
         • CARD HOLDER
           • REVOLVING CREDIT
       • CHARGE CARD
         • NOT LIMITS
       • CASH CARD
         • FOR TRAVELING
     • DEBIT CARD
       • OUR OWN MONEY
       • WITHDRAW
       • ONLINE INFORMATION
       • CASHBACK
     • ELECTRONIC FUNDS TRANSFER (EFT)
       • EXCHANGE MONEY THROUGH COMPUTER-BASED SYSTEMS
         • WORKS LIKE A DEBIT C.
         • BANKING HOURS
           • BANK TO BANK
           • 8:30 TO 4PM
         • LOCAL CURRENCIES
     • AUTOMATED CLEARING HOUSE
       • ORGANISM THAT CONTROLL IF WE HAVE ENOUGHT MONEY TO DO A TRANSFER
     • CHECK
       • FINANCIAL DOCUMENT
         • A) TO BEARER B) NOMINATIVE
       • THIRD PARTY
       • CASHED; DEPOSITED; ENDORSED; OVERDRAFT
     • PAYPAL
       • INTERNATIONAL METHOD OF P.

3. PARTIES

   • PARTY 1 (PAYEER)
     • MONEY; CHECK; DEBIT CARD; CREDIT CARD; BANK TRANSFER
   • PARTY 2 (PAYEE)
     • PROVE OF PAYMENT (RECEIPT; INVOICE)

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