APACS meaning in oil and gas

APACS means Association for Payment Clearing Services. From WIKIPEDIA: The UK Payments Administration Ltd (UKPA) (previously APACS, the Association for Payment Clearing Services) is a United Kingdom trade organisation…

Definition

Association for Payment Clearing Services

From WIKIPEDIA: The UK Payments Administration Ltd (UKPA) (previously APACS, the Association for Payment Clearing Services) is a United Kingdom trade organisation that brings together all payment systems organisations and gives banks, building societies and card issuers a forum where they can work together on non-competitive issues. It covers most forms of payments within the UK including cash, credit cards, debit cards, cheques, and automated payments such as direct debits, salary payments and online/phone transactions.

You might also be looking for…

Related Terms