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Scheme Types

TypeFull NameCoverageUse Cases
visaVisaGlobalCredit/debit card payments worldwide
mastercardMastercardGlobalCredit/debit card payments worldwide
amexAmerican ExpressGlobalCredit/charge card payments, premium services
sepaSingle Euro Payments AreaEurope (36 countries)Euro bank transfers, direct debits
swiftSociety for Worldwide Interbank Financial TelecommunicationGlobalInternational wire transfers, cross-border payments
achAutomated Clearing HouseUS/North AmericaDomestic bank transfers, direct deposits, bill payments
faster_paymentsFaster Payments ServiceUKNear-instant bank transfers (UK)
ibanInternational Bank Account NumberGlobal (primarily Europe)Standardized bank account identification
localLocal/Domestic Payment SchemeCountry-specificDomestic payment systems (BACS, EFT, etc.)
otherOther Payment SchemesVariesAlternative or proprietary schemes
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