The phrase 'payment remittance' is correct and usable in written English.
It is typically used when referring to the action of transferring money from one account to another. For example: The payment remittance was successful and the funds have now been transferred.
Mynt is similar, offering payment, remittance and loans for consumers and businesses.
Its products and services include loans and investments, trade finance, guarantee and counter-guarantee, foreign exchange trading, deposits, payment, remittance, card services, issuance, and credit card payment.
According to the complaint, Purple Leaf's 311 Patent generally relates to methods and system for an electronic transaction based on a receipt having payment remittance information.
Remittances can take different forms, some of which are not accounted for in the official balance of payments remittance estimates in either the sending or receiving country.
The payment and remittance information is sent back to the biller electronically while the customer's bank account is debited and the biller's account is credited.
But one thing people do spend money on in the developing world is fees for payments and remittance.
The first are enterprise users who rely on bank transfers for payments, including remittance and crowdfunding companies.
Facebook could use the ubiquity of its mobile apps, including Messenger and WhatsApp, to disrupt the current players in mobile payments and remittance, earning those fees for itself.
There's been a recent explosion of fintech products in spaces like stock trading, wealth management, payments, loans, remittance and insurance.
The startup currently offers a range of services that include credit, basic banking, bill payments, top-up and remittance payments, none of which require a user to have a bank account.
A week later, the Bank of England began to address the deadlock in the foreign exchange markets by establishing a new channel for transatlantic payments whereby participants could make remittance payments to the U.K. by depositing gold designated for a Bank of England account with Canada's Minister of Finance, and in exchange receive pounds sterling at an exchange rate of $4.90.
