Financial Institutions
Description
Represents the organizatiosn that handle all electronic fund transfer requests to enable the transfer of funds from the user of the service to the provider of the service. The functions and activities of financial clearinghouses are subsumed by this entity.
Associated Inventory
| Payment Systems |
Operational Concepts
| Area | Role and Responsibility |
|---|---|
| Electronic Payment | Reconcile payments of electronic toll transactions with toll authorities, bridge or tunnel operators and transit agencies. |