"We have long maintained that different content requires different types of payment models, " said a YouTube spokesperson.

CNN: YouTube to switch on paid-for video

Some of the sponsor's income will be disregarded, including some types of pension payment, and an amount for other dependant children, or where the sponsor is themselves a full-time student.

BBC: Student finances: your questions answered

One of the most obvious and diverse industries picking up on revolutionary payment types is American retailers of all shapes and sizes.

FORBES: American Business: Payment Platforms Continue To Evolve

It will set payment benchmarks for different types of business, and then investigate those that fall short.

ECONOMIST: The Philippines

Maintaining a good payment history on different types of credit helps your score.

FORBES: Anatomy Of A Credit Score

Late payment also rose on other types of borrowing, such as car loans and lines of credit secured on owned homes.

ECONOMIST: Buttonwood

While there are several proposed bundled payment types, including retrospective and prospective types, the onus of financial responsibility is shifting to the ACO.

FORBES: Securitizing Your Health With ACOs

The industry hopes that the introduction in 2003 of chip cards and the personal identification number (Pin) payment system in the UK will lead to a significant reduction in most types of card fraud.

BBC: Two credit cards

Your credit score is based on your payment history, outstanding debt, length of time you've had credit, types of credit you now have and the number of inquiries.

FORBES: Magazine Article