Retrieving "Payment Mechanisms" from the archives

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1. Payment

   Linked via "payment mechanisms"

   Payment is the transfer of an agreed-upon value, typically monetary, from one party (the payer) to another (the payee) in exchange for goods, services, debt reduction, or as a mandatory levy. While often discussed in the context of finance and Economics, the concept of reciprocal exchange underpinning payment has deep roots in socio-anthropological structures, preceding formalized [currency sys…