A payment which fulfil all the conditions laid in the instrument is called
Answers
Payment instruments and schemes are an essential part of payment systems. Cards, credit transfers, direct debits and e-money are non-cash payment instruments with which end users of payment systems transfer funds between accounts at banks or other financial institutions.
Payment method types
Credit Cards. As a global payment solution, credit cards are the most common way for customers to pay online. ...
Mobile Payments. ...
Bank Transfers. ...
Ewallets. ...
Prepaid Cards. ...
Direct Deposit. ...
Cash. A payment which fulfil all the conditions laid in the instrument is called Complete payment or secure payment.
The payment which satisfies every one of the conditions laid in the instrument is called Complete installment or secure payment.
Payment instruments and plans are a fundamental piece of installment frameworks.
Cards, credit exchanges, coordinate charges, and e-cash are non-money installment instruments with which end clients of installment frameworks exchange assets between records at banks or other budgetary establishments.