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What is UETR, and Why Does ISO 20022 Mandate It?
If you have worked on Cross Border Payments, you have probably come across the term UETR (Unique End-to-End Transaction Reference).…
SEPA vs SCT
SEPA vs SEPA Credit Transfer: What’s the Difference? If you are thinking that SEPA and SEPA Credit Transfer are the…
SEPA Payments vs Normal Domestic Payments
SEPA Payments vs Normal Domestic Payments: What’s the Difference? When we hear the term SEPA payment, the first thing that…
Payment System vs Scheme
Understanding the Most Common Payment Schemes There are two different concepts that people often use interchangeably. One is a Payment…
What is Payments
Before learning about payment systems, ISO 20022, SWIFT, or Fedwire, we should first understand what payment actually is. Everything else…





