Questions tagged [electronic-payment]
The electronic-payment tag has no usage guidance.
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Billing address not matching the address which the bank has on record
This is related to the comment Is billing address required for debit card payments in the UK?
I have paid online countless times by indicating billing addresses which don't match the one on record at ...
user132398
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Is billing address required for debit card payments in the UK?
I'm using a paper payment slip to pay something in GBP in the UK with an EU debit card registered at an EU address. The form was also designed for people who might pay with credit card. There's a ...
user132398
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Friend accidentally Venmo'd me rent as a commercial Venmo transaction. What are the tax implications of this?
I pay the full rent to our landlord and my friend sends me his share. When using Venmo, he accidentally ticked the 'goods and services' option which marks it as a commercial transaction. He sent me $...
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How can a regular consumer, use FedNow for cash transfers?
I am so sick of the hassle of Zelle, Venmo, ACH, Cash App, Wires and "bill pay". Where there is no limit, there is a fee. Where there is no fee, there is a multi-day delay.
According to the ...
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Why are shop receipts required
I was wondering what some of the reasons may be why shop receipts are required by law.
What would happen if they were not required? What could some resulting problems be?
What do receipts facilitate, ...
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Checking system vs. SEPA and the like
My first question here was inspired by the massive load of questions labeled scam here, especially the once involving checks. If this is too broad or off topic in some way please let me know so I can ...
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Is online payment with credit card equal to giving merchant whole wallet to take the money we agreed upon?
I'm curious about how the credit cards work.
When you do a bank transfer it is you who tells your "bank account" what amount to send and where to send it.
When you pay with credit card it ...
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I can't seem to make a payment out of my bank account. What can I do?
I am an expat living overseas. But I still make several purchase using my US credit card (Citi Card). Recently my electronic credit card payment (for my monthly bill) was returned with a code saying ...
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Where do independent digital wallets keep money?
When you cash in to your independent digital wallet, where does the money go?
When I say "independent", I mean those digital wallets that are not backed by banks.
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In the US, is it normal to not include an electronic way to pay rent?
A property manager requires rent to be paid using check. Is it normal that rent cannot be paid using electronic methods such as a credit/debit card, or a bank transfer, or Paypal, or anything ...
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How do automated payment machines work?
There are lots of different self-service machines — vending machines, parking payments, etc. My question is: how do they transfer money?
There are different brands of such systems. For example, I ...
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What type of payment processing withdraws money from bank account whether the account has the funds or not?
Im trying to understand the terminology involved in this process. The situation im referring to is this:
Some companies will charge cards, and take the money out of the account, whether your account ...
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What is the safest method of receiving payment for expensive items being sold on Gumtree?
I intend to try to sell a laptop on Gumtree. Since this is my first time selling something online, my knowledge of this is near zero.
I've researched the safest ways to sell items on Gumtree and I'...
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Cheap payment processing options apart from credit card [closed]
I receive check payments from some customers who mail it to me. Recently, some priority mail express packages have had to be redelivered or lost.
Yes, they do lose mail!
I spoke to a local mailman who ...
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Do institutions have right to ask for your credit card security code and all other CC data?
A school wants my credit card data including a security code. They've sent me a form to fill in about my card. As I know security code is something that shouldn't be shared publicly. Should I provide ...
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Interaction-less payments, how do they work?
I've seen a lot of payment gateways offer subscription payments: the user agrees to pay a recurrent fee at a fixed interval.
However, there are also services in which you pay a variable pay-as-you-go ...
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How to be sure that a payment cannot be reverted?
Many scam schemes are based upon sending some money to the victim and make them forward it. Then the first transaction is reverted and the victim has to take the loss. The concept of the reversibility ...
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The equivalent of the standing order in the internet age for the UK specifically
I have purchased a parking spot in a busy town which I want to rent out for a monthly fee. I have found someone who wants to pay a rent and is happy to have an arrangement indefinitely. When I have ...
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Why Debit MasterCard if there is already Maestro?
In some parts of the world MasterCard is offering its "Debit MasterCard" instead of or alongside its Maestro brand which is a debit only system.
Question is: Which one has been there longer and why ...
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Are ACH transfers between individuals possible?
All the information I've found on ACH transfers for individuals apply to the scenario in which the individual makes payments to an institution of some kind (usually a business).
But are ACH transfers ...
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Use of Electronic Wallets
I was wondering if anyone knows of any inherent security risk(s) to using Electronic Wallets, such as Android Pay, Apple Pay, Samsung Pay, etc, where it would put the individuals money at risk?
I am ...
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ACH processing time of day
As I understand it, ACH transactions are not processed when a customer initiates them, but rather batched by the institution and processed at once.
Is there a standardized time of day that the ...
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EU company selling internet services to US customer, any tax?
I know that companies from US selling electronic goods to EU customers over internet need to charge and pay EU tax rate. For example if the company from US with no physical location in EU sells web ...
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How to transfer funds online from a Canadian CIBC account to RBC instantly?
I thought Interac transfer is instant but my mom wants to send me money from her CIBC account but she said it takes 2-3 business days? What method can be used to transfer from a CIBC checking to a ...
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Should I pay rent electronically?
I'm renting an apartment from an individual. The landlord and I discussed the possibility of paying rent electronically. My bank (BofA) has some kind of electronic payment option where I'd enter the ...
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Canadian accepting money electronically from Americans
What are some methods I can receive money from someone in the States if Paypal is out of the question? I run a small electronic cigarette company, and I'm finding it hard to find an easy method to do ...
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What are some options for sending and receiving money electronically?
I occasionally sell items via Kijiji and Craigslist in Canada, and while cash is convenient sometimes it's easier to do electronic transfers, or even have the ability to accept credit card in person. ...
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Are U.S. mobile provider contactless payment services compatible with similar systems abroad?
With major U.S. mobile service providers rolling out Isis (contactless payment using a cell phone) and Google Wallet tap and pay gaining popularity, I wonder if these payments are compatible with ...
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Can I make PayPal release pending balance on personal payment sooner than 30 days?
My uncle and my brother sent me some money over paypal recently, but it says I have to wait 30 days to receive it. It was made as personal payment.
Is there any way to get that money any faster? I ...
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Can wire transfers be reversed? Is there a law or regulation providing for it?
Can wire transfers be reversed? Is this codified into United States or International regulation/law anywhere?
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Spain: Convert cash to electronic money?
I am in Spain, have some cash, and would like to move that to a German bank account. I asked at Deutsche Bank Spain, and they said that to do that, I would need an account at their bank.
Note that ...
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How are bank accounts linked to other accounts?
How do services like Square link bank accounts to people's personal accounts? Is there some API they're plugging into? Is this the same as ACH?
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Is there a threshold at which estimated taxes must be paid electronically?
In the United States, is there an income or tax threshold above which an individual is required to make their estimated quarterly tax payments by electronic means?
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Must all details match exactly if receiving payment via my personal bank account?
I want to use my personal bank account to receive payment for my work e.g. as a first-time software developer. I found a company who wants to list my application for sale in their online store. To ...
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