PPT-Banks Recipts (credit) Payments(debit)

Recipts credit Paymentsdebit Merchandise Trade 100 Merchandise trade 300 Service Exported 100 Service imported 150 Income from foreign investment 200 . Dallas AFP. Oct. 16, 2014. Matt Davies, AAP, CTP, CPP. Federal Reserve Bank of Dallas. 1. EMV. “. EMV” = Europay, MasterCard, and . Visa. 1994: Founded the global standard for credit and debit payments based on chip card technology. . a. ccount. Learning outcomes. The main learning outcomes for this lesson are. :. Learn how to open a bank account.. Understand Internet banking and how it works.. Gain an understanding of cheques, debit cards, credit cards.. ACT 201 Lecture. By: . Ms. Adina Malik. The Account . Record of increases and decreases in a specific asset, liability & owner’s . equity item.. The format resembles the letter ‘T’, hence referred to as the T Account. E3-3. Recording the Transactions. A customer orders and receives 10 personal computers from Dell; the customer promises to pay $18,400 within three months. Answer from Dell’s standpoint. What about cost info?. Introduction to plastic money. Evolution of plastic cards. Plastic money . – A new and easier way of paying for goods and services. Provides convenient usage alongwith incentives. An alternative to hire-purchase or loan on consumer goods. LESSON TWO: PERSONAL SPENDING. INTRODUCTION. DEBIT CARD. : used like cash. Linked to a checking or savings account. Paying NOW for merchandise. PAYPAL: . online payment service that can be linked to savings, checking or credit card account. Advantages and Disadvantages. What is credit?. What is the difference between debit and credit cards?. What are advantages and disadvantages of credit cards?. VOCAB TO KNOW!. Credit. : . goods, services, and/or money received in exchange for a promise to pay back a definite sum of money at a future date. The emerging challenge for European retail banks. June 2016. Financial forum Innovations, Sofia. The status quo is under threat. Regulation is acting as a key enabler. The market is primed for a wave of technology-enabled innovation. Balance of Payments. Measure of money inflows and outflows between the United States and the Rest of the World (ROW). Inflows are referred to as CREDITS. Outflows are referred to as DEBITS. The Balance of Payments is divided into 3 accounts. Utility Payment Conference 2017. © . 2017 . NACHA — The Electronic Payments Association. All rights . reserved.. No . part of this material may be used without the prior. . written. . permission of NACHA. This material is not intended to provide any . Devices and programs used for making payments for purchases digitally, without presenting a physical credit card, debit card, or cash. . Device-based digital wallets . use . near field communication . Learning Activity . 5. 5-. 1. Dishonored Checks (1 of 2). Consequences. Service charge. Bad credit rating. Mandatory counseling. Added to dishonored check list. Suspension of check cashing privileges. 10about SEPAMore than citizens benefit from SEPA397510864They are located in European countriesThey make electronic payments every year including more than SEPA credit transfers and over SEPA direct The Chinese financial system, spring 2014. PV Viswanath. Lubin. school of business. P.V. Viswanath. Learning objectives. An important part of the financial system is to provide an efficient way for people and businesses to make payments to each other when they wish to buy goods and services..