Sentences with phrase «as a mode of payment»

Sales is defined as the exchange of a commodity or money as a mode of payment for the purchase of goods and services.

The Dutch court's judgement is definitely a positive sign towards the acceptance of cryptocurrencies as a mode of payment at par with fiat currencies issued by governments.

Compare it with Bitcoin or other similar cryptocurrencies, which have exactly one use - case — that is, to be used as a mode of payments.

It will be designed to accept cryptocurrencies as a mode of payment.

One of the largest retail stores «Pick and Pay» in Cape Town has started accepting Bitcoins as a mode of payment for a limited time.

This bodes well for bitcoin adoption in South Africa as many local firms are increasingly accepting the digital currency as a mode of payment.

Bitcoin And Other Cryptocurrencies now accepted in London's Mayfair Fine Art Gallery Bitcoin acceptance as a mode of payment is increasing day by day.

Not only in Japan, but Bitcoin's adoption as a mode of payment is increasing globally.

As many Nigerians, specifically the participants of the popular Ponzi scheme, Mavrodi Mondial Moneybox known as MMM, are hoping to unfreeze their accounts, the scheme had dump the use of Naira as mode of payment by introducing Bitcoin as the best performing currency.

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In case of single or limited premium payment policies this rebate is often already worked into the premium rate as the mode of payment is structurally built into the policy.

That leaves users with only credit cards and PayPal as modes of payment for Reddit's Gold plan; emoney04 said that the company will watch for demand for Bitcoin payments before it decides whether it should re-enable the option.

As Bitcoin and other cryptocurrencies gain popularity as a mode of payment transfer, it has become common for the average Bitcoin user to be scammed by an anonymous identity who requests payment for some work is then never heard from again.

Users can use these tokens as a mode of payment over UTRUST platform, along with other cryptocurrencies.

Other relevant information that these documents hold is the employee's initial salary rate, the bonuses that they could be receiving depending on their performance, the frequency of their salary as well as the mode of payment.

Merchants who may consider adopting Bitcoin as a mode of payment for easy transactions are also stuck between receiving Bitcoins and converting to fiat.

Much before the ruling party panel, Law professor Jung Sun - seop had advocated the necessity of legal revisions for giving due recognition to virtual currency as a mode of payment.

«However, cryptocurrency as a mode of payments has not yet been able to converge with real - world regulations, demonstrating the need for a stable method of payment on - chain, such as jCash.

Bitcoin acceptance as a mode of payment is increasing day by day.

«As a result, the price of bitcoin fluctuates with news that vendors or firms accept or decline bitcoin as a mode of payment.»

In 2013, the RBI had cautioned users against the use of bitcoin as a mode of payment and till date has not provided any regulations on its use.

As the gospel of cryptocurrency is spread even more to the various sectors of the economy, more businesses are taking up the idea of accepting them as a mode of payment.

Ministry of Finance Germany has recently revealed in a guidance published on Tuesday that Bitcoin users won't be taxed for using Bitcoins as a mode of payment.

«However, cryptocurrency as a mode of payments has not yet been able to converge with real - world regulations, demonstrating the need for a stable method of payment on - chain, such as jCash.

In 2016, the city of Zug in Switzerland started to accept bitcoin as a mode of payment.

Inserviss issues it as a mode of payment between customers and service providers.

Merchant adoption in other parts of the country is lower «as we do not have a physical presence there and this needs quite a bit of explanation and push for the merchant to consider accepting bitcoin as a mode of payment,» he detailed.

Though tight regulation policies are in place, the finance sector of Germany has recently announced that no tax would be placed on the use of bitcoin as a mode of payment.

You'll be surprised to know that many companies in the U.S. now accept Bitcoin as a mode of payment.

Even though the banking system in China doesn't recognize digital currencies as a mode of payment, the former governor said their development was «technologically inevitable.»