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Special forms of payment under Philippine law are ways in which obligations can be extinguished outside the regular methods of paying or performing obligations. These include dation in payment (dacin en pago), application of payments, tender of payment and consignation, and cession in payment.
Loan Due Date: If this date is different from your Payment Due Date, it means that you are past due and owe payments from previous months. Payment Due Date: The date your payment is due. Amount Due: This is the total amount you owe as of the statement date.
What Are the Main Types of Payments? Traditionally, cash, debit cards, credit cards, and checks were the main types of payments. Now, more advanced forms of digital payments are becoming more popular. This includes online payment services, digital currencies, and electronic transfers.
The Regular Monthly Payment Amount is whats set to cover your loan over the full term and includes both interest and principal. The Current Amount Due is whats due each month, which can vary based on payment plans and any adjustments made.
These mode are: Banking Cards. USSD. AEPS. UPI. Mobile Wallets. Banks Pre-paid Cards. Point of Sale. Internet Banking.

People also ask

Payment networks facilitate secure transactions between customers, businesses, and banks. The four main payment networks include Visa, Mastercard, American Express, and Discover.
These methods include cash, credit / debit cards, bank transfers, mobile payments and digital wallets. They serve as the bridge between consumers and businesses, facilitating the exchange of money. They offer various features and security measures to suit individual preferences and situations.
A payment due is the minimum payment amount required by the due date to keep an account in good standing.

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