While the growth in direct credits was initially mainly driven
by bulk payments such as payrolls and welfare, more recently they have been increasingly used to make person - to - person payments directly between bank accounts and to pay invoices.
Not exact matches
«The continuous delay in
payment has piled an unbearable financing cost,» the Chamber of
Bulk Oil Distributors wrote in a Dec. 28 letter to the Finance Ministry seen
by Reuters.
Teachers» pensions are funded to some extent
by teachers themselves but the
bulk of the
payment is supplied
by the school district (the taxpayer) and the local and state government (the taxpayer).
The
bulk of the gains were provided
by dividend
payments.
What's more, standards for making option ARMs were loosened starting in late 2004, when Wall Street firms began buying such loans in
bulk to be converted into securities backed
by the loan
payments, Cecala said.
Users will now see better
bulk billing, smoother and faster bill preview navigation speeds, an improved layout of
payment history on bills, and the ability to quickly search
by invoice and modify bill themes from bill generation.
Some will be better served
by these mini-payments, and for others, a
bulk payment situation is much better.
«As evidenced
by a subdued level of first - time buyers and increased share of cash buyers, move - up buyers with considerable down
payments and those with cash made up a
bulk of the sales activity last month.