for payment purpose special scheme is provided by dgci&s that is ___.
a. SEZ
b. P.I.S.S
c. STP
d. EOU
Answers
Answer:
P.I.S.S
Priced Information Service System
Answer:
Concept:
It's a set of rules that govern how payment transactions involving payment instruments are handled (e.g. payment cards, mobile applications, electronic wallet solutions). The payment scheme's rules cover the following activities: payment service providers issuing payment instruments, payment service providers providing the acquiring service (including the conclusion of agreements with entrepreneurs on accepting payments made with payment instruments), and payment transaction processing. The payment scheme's operating organisation (the payment organisation) establishes the regulations for the aforementioned activities, as well as managing and making decisions about the payment scheme's operation (in the three-party model).
Given:
Dgci&s offers a unique payment mechanism for this reason. ___.
a. SEZ
b. P.I.S.S
c. STP
d. EOU
Find:
find the answer for the given question
Answer:
The answer is option(c) P.I.S.S
"Companies that provide connectivity between the purchaser and the issuer are known as schemes. They provide the governing rules, price structure, clearing, and settlement procedures that enable card payments. UnionPay are the most frequent networks or schemes." Construct the payment form/page. Find a payment processor that allows you to handle a variety of payment options, including credit and debit cards as well as account-to-account bank transfers.
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