What does instant payment mean?

Definitions for instant payment
in·stant pay·ment

This dictionary definitions page includes all the possible meanings, example usage and translations of the word instant payment.

Wikipedia

  1. Instant payment

    Instant payment is a method of exchanging money and processing payments, allowing for almost immediate transfer of money between bank accounts, instead of the more typical one to three business days.Many countries have implemented instant payment systems, and many instant payment systems and platforms are currently under development worldwide, due to increased need for faster and reliable transactions. The Euro Retail Payments Board (ERPB) define instant payments as: Electronic retail payment solutions available 24/7/365 and resulting in the immediate or close-to-immediate interbank clearing of the transaction and crediting of the payee’s account with confirmation to the payer (within seconds of payment initiation).

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Numerology

  1. Chaldean Numerology

    The numerical value of instant payment in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of instant payment in Pythagorean Numerology is: 2

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"instant payment." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/instant+payment>.

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