Technical term for payments initiated either by the account holder (push) or by the payee (pull). Push payments include, for example, a Bank transfer or confirming a card payment. Direct debits, on the other hand, represent pull payments.
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We explain payment terminology from A to Z, including accounting and payment methods.
Technical term for payments initiated either by the account holder (push) or by the payee (pull). Push payments include, for example, a Bank transfer or confirming a card payment. Direct debits, on the other hand, represent pull payments.