Sentences with phrase «as a payment system for»

Ether is used as a payment system for decentralized applications; it is one of the most established cryptocurrencies and, consequently, a top choice for new investors.

Not exact matches

Transitioning your business to one that uses a virtual bill and invoice payment system, for example, will save you an exponential amount of time every month, as well as keep your files more organized and easier to retrieve.
This is actually a more common problem than you might think, but it is easily remedied by a simple monitoring system, whereby work done for a client is noted and as is when payment is received.
And the G4S report cites taxi service Uber as an example of a business, famed for its electronic payment system, which saw exponential growth when it introduced a cash option in Asia, Africa and South America.
The banking system was hyper - competitive and quick to take risks in pursuit of profits; policymakers aggressively pushed homeownership through measures such as tax breaks for mortgage interest payments; and weak recourse laws let mortgage defaulters off the hook.
Derivatives trading is the culmination of a wild year for bitcoin, which captured imaginations and investment around the world, propelled by its stratospheric gains, and its anti-establishment mission as a currency without the backing of a government or a central bank, and a payment system without a reliance on banks.
For highly sensitive transactions — Bitcoin exchanges or major ecommerce payment systems — it already is the norm, and he forecasts that mainstream sites will gradually follow suit, first by adding an optional two - step model and then, as consumers adopt, making it a mandatory requirement.
Although the use of crypto - currencies puts a new spin on it, the history of micropayments for content is littered with failures, including a litany of strange - sounding digital would - be payment systems such as Beenz and Flooz.
Eich has said his company plans to release the code behind the tokens as open source so that anyone can build publishing systems or services that use them for payment.
We should as a central bank be prepared to be able to fulfil our objective to facilitate a payment system for people and that should work also in a digital society.»
Entrepreneurs in the field say that focusing on the price of Bitcoin is missing the point — its value is as proof of concept for a new kind of payment system not reliant on third parties like governments, big banks or credit - card companies.
On the other hand, there's BitPay, which has sold merchants the idea of bitcoin as a low - fee retail payment system, and for whom the strangled state of the bitcoin blockchain has been a serious headache.
This is a major step forward for the global financial system, and as the Ripple network grows, together we are paving the way for new connected commerce opportunities and growing demands for real - time, high volume, low value global payments
Most legitimate users are transitioning from viewing Bitcoin as an alternative digital payment system to a commodity, and the same can be said for cyber-criminals.
Thus, while it initially appeared that the bill was designed to foster entrepreneurial development of decentralized systems, such as the Ethereum network, to allow individuals to reclaim some power from large companies, the bill does not accomplish that aim as it treats public and private blockchains (and possibly even legacy payment systems) equally.By opening this loophole in the definition of blockchain, Nevada does not appear to be showing any more support for the blockchain upstart community than it shows for multinational financial institutions and banks at large.
Currently, Bitcoin is still the dominant payment method for illegal goods on the cyber-criminal underground, but as the cryptocurrency's use as a payment system continues to decline, new and more efficient payment channels will take its place.
The funds will be used to streamline our services, both for closing the loop within the bitcoin ecosystem as well as our international wage payment system.
Square Register serves as a full point - of - sale system for businesses to accept payments, track inventory, and share menu and location information.
But others say that this fraud, as it stands, is more an early growing pain than a major problem for Apple Pay or other mobile payment systems down the line.
When we detect an automated data harvesting system was used in the manner described above, you agree to a payment of the full yearly access fee for the Family Office and Investors Database and to immediately cease any misuse and adhere to our Terms and Conditions as laid out in the Fair Information Statement (link this to fair information statement, http://www.familyofficedatabase.info/fair-information-statement.html)
As described, a request for payment would be sent to the blockchain - based system, which would either be approved or rejected based on various factors, including a risk analysis.
Finally, the FED also provide financial services to domestic and foreign government agencies (for example, New York Fed's gold custody service), as well as overseeing the U.S. Payment Systems.
Developed by BitPay, a leading cryptocurrency payment system, Copay is considered to be one of the most secure wallets that is easy to use for beginners and anyone that uses their Bitcoin on a regular basis as a form of payment.
About Paytomat Paytomat is a global blockchain - based payment processing system created to help merchants, consumers and crypto core teams to find each other and create real life traction for cryptocurrencies as emerging method of everyday payments.
As digital currencies emerge, therefore, the preference for decentralised payment systems would ostensibly render the use of a banking intermediary redundant, which raises pertinent questions regarding the role — or lack thereof — of central banks.
The proportion of respondents who considered Bitcoin's reputation as «fair» or «very bad» was higher than the proportion of those who expressed similar sentiments about the reputation of the four other payment systems: 22 percent for Western Union, 15 percent for MoneyGram, 11 percent for PayPal, and 6 percent for Square.
An Atlanta, Georgia - based provider of payment processing systems, First Data has offered a range of remote jobs for positions such as business analyst, account executive, processing specialist, sales executive, short cycle salesperson, B2B consultant, and community bank relationship manager.
And that's not all with the gamification, the payment system makes it harder and harder for miners to earn those Bitcoins as more miners contribute.
«Our goal is to make it as easy as possible for merchants around the world to add bitcoin into their payment systems.
Using Bitcoin, the transaction fee could be lowered to as little as 1 percent.10 This could ultimately evolve into a new payment system for credit card companies and banks.
The one area that will impact PayPal and other online payment systems right now is the focus on AdWords advertisers as the primary target market for the launch.
Ripplecoin, created in 2011, was built on the same protocol as Bitcoin but services as a payment system — think of it like a Paypal for cryptocurrencies that supports any fiat currency, cryptocurrency, commodity or even frequent flier miles.
They are «usable as payment to indefinite parties for the cost of purchase or rent of items or receipt of services and which can be transferred by means of electronic data processing systems», the exchange describes, adding that:
«Smaller, stand - alone payment systems for which there are many substitutes — like bitcoin — should generally require much less intensive oversight and regulation because they pose much less risk to the Canadian financial system as a whole,» Deslongchamps told the news publication.
IMHO Having 25 + / - kids at home (foster or not) should not give her time on the big stage in front of the American people to run for President as this would be child neglect or borders on tax payer fraud through the foster care system payments she receives for each child which is about $ 650 / Month.
For the past six years, his career involved designing online payment systems for start - ups, recently as Vice President of Engineering at BTC China and then Director of Payments at FunplFor the past six years, his career involved designing online payment systems for start - ups, recently as Vice President of Engineering at BTC China and then Director of Payments at Funplfor start - ups, recently as Vice President of Engineering at BTC China and then Director of Payments at Funplus.
In other decisions, the executive committee agreed to devise a new financial distribution system for clubs in the Champions League and Europa League, with a view to increasing solidarity payments, as well as payments to clubs in the UEFA Europa League for 2015 — 18.
The first is a $ 25 (USD) monetary payment made via check or through a digital payment system such as PayPal, the second option is for one copy of the book (retail value of $ 19.99 each) in lieu of a monetary payment, and the third is a donation to the non-profit organization receiving donations from the proceeds of the book.
Masterpass QR which is a global digital system for Merchants, small and informal micro merchants, large corporate organizations and governments give customers access to fast, simple and secure digital payments options by using mobile phones, as customers now have the freedom to shop across devices and channels.
Chuka Umunna has recently made welcome noises about changing the voting system; some voices one would once have associated with 1997 - era orthodoxy have lately been making the case for a citizen's income; the idea of an unconditional payment granted to every individual as a right of citizenship..
d. Dealing effectively with corruption in the management of public finances, especially by bringing to a halt the unbridled resort to restricted tendering and sole sourcing e. Undertaking a proper biometric - based payroll audit to eliminate ghost workers as well as implement biometric based payment system for all public sector workers to deal with fraud in government payroll.
It is worth noting that while people under age 65 in the U.S. live in a heavily market - dominated economy where poor employment outcomes mean poverty and a lack of access to health care, almost everyone over age 65 has most of their healthcare paid for by Medicare, (a FICA tax financed, single payer system that pays providers more or less the same rates as private insurance companies and has few cost controls), more than half of their nursing home costs paid by Medicaid, (which is stingy in how much it pays providers and moderately means tested), and receives enough of a guaranteed income from the combination of Social Security and SSI payments to keep the poverty rate for people age 65 +, (even if they have no retirement savings of their own), above the poverty line, regardless of the state of the local economy.
- Administering the New York State and Local Retirement System for public employees, with more than one million members, retirees and beneficiaries and more than 3,000 employers; - Acting as sole trustee of the $ 129 billion Common Retirement Fund, one of the largest institutional investors in the world; - Maintaining the State's accounting system and administering the State's $ 12.6 billion payroll; - Issuing reports on State finances; - Managing the State's assets and issuing debt; - Reviewing State contracts and payments before they are issued; - Conducting audits of State agencies and public benefit corporations; - Overseeing the fiscal affairs of local governments, including New York City; - Overseeing the Justice Court Fund and the Oil Spill Fund Acting as custodian of more than $ 9 billion in abandoned property and restoring unclaimed funds to their rightful oSystem for public employees, with more than one million members, retirees and beneficiaries and more than 3,000 employers; - Acting as sole trustee of the $ 129 billion Common Retirement Fund, one of the largest institutional investors in the world; - Maintaining the State's accounting system and administering the State's $ 12.6 billion payroll; - Issuing reports on State finances; - Managing the State's assets and issuing debt; - Reviewing State contracts and payments before they are issued; - Conducting audits of State agencies and public benefit corporations; - Overseeing the fiscal affairs of local governments, including New York City; - Overseeing the Justice Court Fund and the Oil Spill Fund Acting as custodian of more than $ 9 billion in abandoned property and restoring unclaimed funds to their rightful osystem and administering the State's $ 12.6 billion payroll; - Issuing reports on State finances; - Managing the State's assets and issuing debt; - Reviewing State contracts and payments before they are issued; - Conducting audits of State agencies and public benefit corporations; - Overseeing the fiscal affairs of local governments, including New York City; - Overseeing the Justice Court Fund and the Oil Spill Fund Acting as custodian of more than $ 9 billion in abandoned property and restoring unclaimed funds to their rightful owners;
These include a new payment system that will integrate the GHIPSS payment platform for salaries to be paid directly to workers without any manual intervention, as has always been the case.
Commenting on the innovations, Mr. Razak Opoku, said the implementation of E-Kiosks powered Solar Energy (Solar Power Systems) introduced by Mr. Ameyaw and the Board will serve as the receiving point for payment of Light Bills, Water Bills, GRA Revenue Collections as well as Banking Transactions.
Miliband's comments came as he set out Labour's first plans for cuts to the welfare system, ending out - of - work benefits for roughly 100,000 18 - to 21 - year - olds and replacing them with a less costly means - tested payment dependent on training.
Citing ongoing projects such as the National Digital Property Addressing System, the soon - to - be-issued national ID card, the land records digitisation agenda and efforts to increase financial inclusion via interoperability in the payment systems, Vice President Bawumia indicated that government was already engaged in the use of technology for the transformation agenda.
As expected, the new budget amendments also include a proposed shift — for the increasing minority of taxpayers who will still itemize under the new federal law — away from state income tax payments to an employer - paid payroll tax system.
Mr. Schneiderman also proposed ending per diem payments to legislators, who receive $ 172 each day they are in Albany and are not required to submit receipts — an honor system which has been cited as ripe for abuse.
* Implementation of E-Kiosks powered by Solar Energy (Solar Power Systems) * The 30, 000 modernised lotto kiosks known as * E-Kiosk * introduced by Kofi Osei - Ameyaw and the Board of NLA shall be a multi-purpose centre for the staking of Lotto and serves as the receiving point for the payment of Light Bills, Water Bills, GRA Revenue Collections as well as Banking Transactions.
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