Payment rail
id:
payment-rail-307-9090662
title:
Payment rail
text:
A payment rail is a payment platform or a payment network that moves money from a payer to a payee. Either party could be a consumer or business, and both parties are able to move funds on the network. Credit card rails are the credit card payment system. Blockchain is considered a newer type of payment rail, as are centralized electronic payment systems such as PayPal, Venmo and Zelle. If the transferred funds are available immediately, a payment rail is referred to as a real-time rail.
brand slug:
wiki
category slug:
encyclopedia
description:
Term for a payment platform
original url:
https://en.wikipedia.org/wiki/Payment_rail
date created:
date modified:
2024-02-28T09:53:04Z
main entity:
{"identifier":"Q60745680","url":"https://www.wikidata.org/entity/Q60745680"}
image:
fields total:
13
integrity:
14