Payment settlement of the main payment instruments (payment settlement methods) what

Payment settlement of the payment instruments are mainly bills of exchange, cashier's checks, checks, credit cards, exchange, collection, entrusted collection of seven.

Payment settlement system mainly includes payment instruments, payment system, payment service organizations and related regulations and systems. Payment and settlement is a strong policy, and the interests of the parties closely related activities, therefore, it must be unified management.

Banks are acting as intermediaries in payment and settlement, therefore, as long as the bank in good faith and in line with the provisions of the normal operating procedures for review, in addition to the national law provides otherwise, the bank does not on behalf of any unit or individual freezing, withholding, shall not stop the normal payment of units, individual deposits.

Extended information

With the rapid development of the global economy, the payment tools are also more and more, began to gradually produce a number of virtual payment tools, began to shift to electronic payment tools. The popular online banking, Alipay, Paypal, Baipay, cell phone payment, fast money, cell phone rechargeable cards and so on are the latest virtual payment tools.

The emerging payment tools have two main manifestations in China: one is the payment tools relying on large B2C, C2C, M2C websites, such as Taobao transactions completed by Alipay; the second is the third-party payment platforms (such as Quick Money, etc.), integrating a variety of means of payment, such as online payment, phone payment, mobile payment and other means of payment, is growing rapidly.

Baidu Encyclopedia-Payment Settlement Method