home/glossary/Payment system

Payment system

nounid 3533·updated May 9, 2026
candidate

The mechanism, the rules, institutions, people, markets, and agreements that make the exchange of payments possible.

MWE

Classifications

Entity Type

System80%llm-generatedllm:claude-haiku-4-5

Sensitivity

Regulated90%llm-generatedllm:claude-haiku-4-5

Information Class

Pci85%llm-generatedllm:claude-haiku-4-5

Variants

plural
Payment systems
possessive
Payment system's
pluralpossessive
Payment systems'

Framework definitions

Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
§1
The mechanism, the rules, institutions, people, markets, and agreements that make the exchange of payments possible.

Outgoing relationships

No outgoing triples
This term is not the subject of any RDF-style relationship yet.

Incoming relationships

No incoming triples
No other term currently asserts a relationship to this one.