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Context

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Context of a payment as part of an economic transaction

WARNING: This is an experimental page and is being used as a temporary staging area for ideas and potential work items for the group. It is not predictive of the direction of the group, nor should it even be construed as the opinion of those that authored the content of the wiki. All logic abandon ye who enter here.


Parties concerned in payment transactions

This part will describe the extended four corner model

Extended four corner model.png

Steps within an Economic Transaction

This diagram will be removed as it is outdated now

This part will describe three steps in an economic transaction:

  • Purchase step
  • Value Added Services step
  • Payment step
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