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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).…

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SEPA vs SCT

SEPA vs SEPA Credit Transfer: What’s the Difference? If you are thinking that SEPA and SEPA Credit Transfer are the…

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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…

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Payment System vs Scheme

Understanding the Most Common Payment Schemes There are two different concepts that people often use interchangeably. One is a Payment…

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What is Payments

Before learning about payment systems, ISO 20022, SWIFT, or Fedwire, we should first understand what payment actually is. Everything else…