The technical framework, known as the Single Euro Payments Area (SEPA), is being developed by Banks and clearing houses.The legal framework meanwhile is being built around another EU directive.

其技术框架，即众所周知的单一欧元支付区(SEPA)正由银行和票据交换所开发，而法律框架也因另一项欧盟指令而开始构建。

youdao

The firm had transferred Alipay, an online-payments business, to a company owned by Jack Ma, Alibaba’s boss—according to Yahoo! without clearing the move with the board.

雅虎称，阿里巴巴在没有明确告知董事会的情况下，擅自将在线支付业务支付宝转移给了他们的首席执行官——马云拥有的一家公司。

youdao

The firm had transferred Alipay, an online-payments business, to a company owned by Jack Ma, Alibaba’s boss—and had done so, according to Yahoo!, without clearing the move with the board.

阿里巴巴公司已将其支付宝业务（一种在线支付业务）转移至一家由阿里巴巴公司老板马云控股的公司。

youdao

" According to the Financial Times of 27 July, "Much of the money would presumably be spent on clearing up delayed payments to Italian companies.

CENTERFORSECURITYPOLICY: Center for Security Policy | ��Trumping�� For Dollars: Moscow Plays Favorites In Payments To Western Creditors

The Payments Council said the cheque clearing system would only be closed once acceptable alternatives had been devised - and more consultation is expected in the future.

BBC: Cheque replacement views sought

Trade settlement between the two countries was hit after India's central bank barred Iran-related payments from being processed through the Asian Clearing Union, a regional clearinghouse which the U.S. says is opaque and could be used by Tehran to finance its alleged nuclear-weapons program.

WSJ: India Plans to Step Up Oil, Gas Investment in Africa