XPayIndustry WIKIBack to home
XPAY KNOWLEDGE

Industry WIKI

Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Banking

Mortgage note

In the United States, a mortgage note (also known as a real estate lien note or borrower's note) is a promissory note secured by a specified mortgage loan.

Trading basics

National Common Mobility Card

National Common Mobility Card (NCMC) is a contactless smart card conceived by the Ministry of Housing and Urban Affairs under Prime Minister Narendra Modi's ‘One Nation, One Card' vision. It was launched on 4 March 2019. The transit card enables the user to pay for travel, tolls, retail shopping and withdraw money.

Banking

Raast

Raast (Urdu: راست; lit. 'direct') is Pakistan's first instant payment system operated by the State Bank of Pakistan (SBP). It operates using the state-of-the-art Pakistan Faster Payment System (PFPS), facilitating real-time settlement of small-value retail payments, including inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.