payment transactions
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payment transactions
The totality of all transfers of money between different people, companies, or institutions. This includes both cashless transactions such as bank transfers and card payments, as well as the handling of cash.
Der internationale Zahlungsverkehr wird durch Systeme wie SWIFT ermöglicht.
International payment transactions are made possible by systems such as SWIFT.
The word is made up of 'die Zahlung' (payment) and 'der Verkehr' (traffic/circulation). So it literally describes the 'traffic of payments', that is, the movement of money.
Der Online-Handel hat den elektronischen Zahlungsverkehr stark anwachsen lassen.
Online commerce has caused electronic payment transactions to grow significantly.
'Zahlungsverkehr' (payment transactions) is a formal term from the world of finance and banking. In everyday language, one would more likely speak of 'Bezahlung' (payment), 'Überweisungen' (bank transfers), or 'Geldtransfer' (money transfer).
Die Bank ist für die reibungslose Abwicklung des Zahlungsverkehrs verantwortlich.
The bank is responsible for the smooth processing of payment transactions.
Common adjectives used with this word are 'bargeldlos' (cashless), 'elektronisch' (electronic), or 'international' (international), to specify the type of transactions.
Der bargeldlose Zahlungsverkehr nimmt in Deutschland immer mehr zu.
Cashless payment transactions are increasing more and more in Germany.
payment
'die Zahlung' and 'der Zahlungsverkehr' both have to do with money. 'Die Zahlung' means a single action or the individual amount that is paid. 'Der Zahlungsverkehr', on the other hand, means all money movements taken together, for example bank transfers, card payments, and cash payments. The word is more common in banks, companies, or official texts. The words can be confused because both are used with invoices and money. When it is about a specific invoice, 'Zahlung' usually fits. When it is about the whole system or many money movements, 'Zahlungsverkehr' fits.
Viele Banken prüfen den Zahlungsverkehr besonders genau.
Many banks check payment transactions especially carefully.
Nach der Zahlung bekam Lisa sofort eine Bestätigung per E-Mail.
After the payment, Lisa immediately received a confirmation by email.