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Cheques in different countries in the world: Similarities and differences, local usages, Regulation, Bank offerings, Processing steps

Illustration of Multilateral Clearing Mechanism

Clearing and Settlement Mechanisms – Multilateral Clearing

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After presenting the bilateral clearing in the previous article, it is now time to move to the next level: the multilateral clearing. In a multilateral clearing,...
Illustration of a push transaction

Push and pull payment transactions

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In this article, we will look at push and pull payment transactions, two key concepts in payments. At first, let’s consider the definitions of...
Model of open loop payments system

Payment systems models

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Traditional payment systems operate essentially on two types of models: open loop models and closed loop models. In this post, we will present each...
Picture of payment systems

Payment, Payment Instruments and Payment Systems

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Many take payment systems for granted and some are not even aware of their existence. But the reality is that our world would be...

Payment Market Infrastructures in the World...

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In the United Kingdom, Banks can join the Payment market infrastructures for the Pound sterling, but since UK belongs to the SEPA Area, UK...

Payment Market Infrastructures in the World...

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In our last videos, we spoke about the payment market infrastructures in Sweden. In today’s video, we will consider the payment market infrastructures of...

Credit Card Alternatives for Handling Large...

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Image: UnsplashFor a long time, people have relied on credit cards to help with the handling of major expenses. The idea is simply to...

Secrets to understand Payments Market Infrastructures...

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In the previous video, we explained how Payment Market Infrastructures are structured anywhere in the world while focusing on the example of Sweden. Swedish banks...