Electronic bill payment Electronic bill payment Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account. These payments are typically executed electronically as a direct deposit through a national payment system, operated by the banks or in conjunction with the government. Payment is typically initiated by the payer but can also be set up as
Slang terms for money ("piece") or "kosar'" ("mower"). Slang words for greater amounts of money originate from the 1990s and the Russian Civil War eras, when the ruble was suffering hyperinflation. The most common are "limon" (lemon) for a million rubles and "arbuz" (watermelon) for a billion rubles. South African slang for various amounts of money borrows many terms from the rest of the English speaking world, such as the word "grand" when referring to R1,000. Other words are unique to South Africa, such as the term "choc" when referring to a R20 note. The slang word for money is 'kroon'. One "bar" refers