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payment system
fin. betalingssysteem n
Payment systems
gen. Betalingssystemen
 English thesaurus
payment system
IT An electronic system for processing payroll information and the related electronic e.g., electronic timekeeping and/or human resources [HR] system, human e.g., payroll clerk, and external party e.g., bank interfaces. In a more limited sense, it is the electronic system that performs the processing for generating payroll checks and/or bank direct deposits to employees.
payment system
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