{"id":4122,"date":"2021-12-20T02:26:32","date_gmt":"2021-12-19T19:26:32","guid":{"rendered":"http:\/\/bbs.binus.ac.id\/management\/?p=4122"},"modified":"2021-12-20T02:26:32","modified_gmt":"2021-12-19T19:26:32","slug":"payment-initiation-technology-has-a-variety-of-applications","status":"publish","type":"post","link":"https:\/\/bbs.binus.ac.id\/management\/2021\/12\/payment-initiation-technology-has-a-variety-of-applications\/","title":{"rendered":"Payment initiation technology has a variety of applications."},"content":{"rendered":"<p><strong>Harviatama Librianto Sophian, 2301930974<\/strong><\/p>\n<p>Payment initiation technology has a variety of applications.<br \/>\nThe following are some examples of uses for payment initiation technology:<br \/>\nTransferring money from one person to another (P2P): P2P transfers enable merchants to act as a middleman between various parties and transfer money between non-owned bank accounts. The merchant may choose to set up the source account and destination account directly, or he or she may acquire the necessary information from users.<br \/>\nDirect payments between users on sharing economy and social media platforms are one example of this.<br \/>\nInstant payments are a function that enables real-time payments to be made by using the intelligence of a payments API. As an alternative to utilizing a single, default bank account, payments may be made across accounts at the same bank, allowing the transaction to be completed in real-time.<br \/>\nA real-world example would be the delivery of loan pay-outs from lenders and microlenders in real-time.<br \/>\nUsing programmed scheduling or condition-based triggers, money moves may be automated by communicating with APIs to create payments when certain criteria \u2014 such as quantities or transfer dates \u2014 are satisfied.<br \/>\nExample: Automatically funding bank accounts when their balances fall below a certain level.<\/p>\n<p><strong>References<\/strong><\/p>\n<p>Lin, Yun-Tsan, Shui-Chuan Chen, and Hsiang-Ta Chuang. &#8220;The effect of organizational commitment on employee reactions to educational training: An evaluation using the Kirkpatrick four-level model.&#8221;\u00a0<em>International Journal of Management<\/em>\u00a028.3 (2011): 926.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Harviatama Librianto Sophian, 2301930974 Payment initiation technology has a variety of applications. The following are some examples of uses for payment initiation technology: Transferring money from one person to another (P2P): P2P transfers enable merchants to act as a middleman between various parties and transfer money between non-owned bank accounts. The merchant may choose to [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4122","post","type-post","status-publish","format-standard","hentry","category-article"],"_links":{"self":[{"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/posts\/4122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/comments?post=4122"}],"version-history":[{"count":1,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/posts\/4122\/revisions"}],"predecessor-version":[{"id":4123,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/posts\/4122\/revisions\/4123"}],"wp:attachment":[{"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/media?parent=4122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/categories?post=4122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/tags?post=4122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}