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Category Archives: Payments

Learn #banking, #fintech and #payments jargon: Acceptance for Settlement

By George Valentin Voina | June 17, 2021
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Acceptance for Settlement Definition: The moment at which a payment transaction becomes irrevocable as far as the sender is concerned. This is the point at which a transaction passes the tests to determine whether there is sufficient collateral for the transaction to proceed. Details: You have to see this as the last stage of a… Read More »

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