Cryptocurrency Q&A What does DDR mean money?

What does DDR mean money?

Paolo Paolo Thu Nov 14 2024 | 6 answers 1715
I've encountered the term DDR in a financial context and I'm wondering what it stands for. I'm trying to understand its meaning in relation to money or financial transactions. What does DDR mean money?

6 answers

Eleonora Eleonora Sat Nov 16 2024
This process is usually set up for recurring payments such as utility bills, gym memberships, or subscriptions.

Was this helpful?

127
80
MountFujiMystic MountFujiMystic Sat Nov 16 2024
DDR stands for Direct Debit.

Was this helpful?

340
97
Silvia Silvia Sat Nov 16 2024
It is a method of payment where a customer authorizes a company to collect a fixed or variable amount of money from their bank account.

Was this helpful?

325
77
BlockchainLegend BlockchainLegend Fri Nov 15 2024
DR, on the other hand, represents a debit balance.

Was this helpful?

255
80
Giuseppe Giuseppe Fri Nov 15 2024
This term is used when an account holder has overdrawn their account, meaning they have spent more money than they have in their account.

Was this helpful?

352
87
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts