| property | object |
|---|---|
| contributor | FIBO |
| equivalentClass | PaymentService |
| superclass | description |
|---|---|
| PaymentMethod | A payment method is a standardized procedure for transferring the monetary amount for a purchase. Payment methods are characterized by the legal and technical structures used, and by the organization or group carrying out the transaction. The following legacy values should be accepted: \n\n* http://purl.org/goodrelations/v1#ByBankTransferInAdvance\n* http://purl.org/goodrelations/v1#ByInvoice\n* http://purl.org/goodrelations/v1#Cash\n* http://purl.org/goodrelations/v1#CheckInAdvance\n* http://purl.org/goodrelations/v1#COD\n* http://purl.org/goodrelations/v1#DirectDebit\n* http://purl.org/goodrelations/v1#GoogleCheckout\n* http://purl.org/goodrelations/v1#PayPal\n* http://purl.org/goodrelations/v1#PaySwarm\n\nStructured values, or [UNCE payment means](https://vocabulary.uncefact.org/PaymentMeans) are recommended or for newer annotations. |
| FinancialProduct | A product provided to consumers and businesses by financial institutions such as banks, insurance companies, brokerage firms, consumer finance companies, and investment companies which comprise the financial services industry. |