Sentences with phrase «existing payments»
Moreover, and perhaps more importantly from a central banker's perspective, these Internet payment methods remain tied to existing payments systems involving the transfer of balances among accounts at financial institutions.
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We have worked hard to build and leverage partnerships with existing payment processing networks.
Mortgage coupons for existing payments will also need to be provided.
Existing payment schemes were created with the understanding that payments are going to be (and stay) domestic.
It has to tackle the already existing payment apps too.
The platform was built on a highly scalable, open architecture that supports new, or existing payment system participants, and completes transactions at fraction of the cost of any current payment system.
Banks rarely lend to consumers with existing payment problems.
Or they can merely use existing payment infrastructure (paypal, amazon) to accomplish the same thing.
But instead of using existing payment methods such as PayPal or bank wire transfers, Wiper Film pays its filmmakers in Bitcoin.
A further strength of the program is that it leaves Saab's existing payment arrangements with clients untouched.
The XDC can act as a pure messaging and confirmation layer using existing payment rails or as a settlement layer through approved and regulated institutions.
Distributed ledgers are often referred to as a new database technology, but could they come to replace existing payments rails?
It seems evident that as long as the transaction rate supported by the Bitcoin network remains that low Bitcoin won't be able to achieve the global reach of existing payment networks like Visa.
The remaining 4 % is owned by existing payment - in - kind (PIK) note holders.
«If we lived in a dystopian world without trust, Bitcoin might dominate existing payment methods.
However, in countries such as Mexico where 61 percent of the population (roughly 53 million people) over the age of 15 lacks a bank account, existing payment ecosystems are inaccessible.
Integrating existing payments solutions to act like dominant payments companies like Visa could be a solution.
«The type of innovation coming from bitcoin technologies is a leap that will take time for these mainstream companies to adapt to, so I doubt anything Facebook can do right now goes much farther than a prepaid account funded through existing payment networks.»
This activity report provides an overview of international experiences that combine social and environmental objectives within one programme and extract some lessons learned from existing Payments for Environmental Services (PES) schemes that may be useful when designing, implementing and monitoring social protection programmes such as the Bolsa Verde programme.
But in this world, where people do tend to trust financial institutions to handle payments and central banks to maintain the value of money it seems unlikely that bitcoin could ever be as convenient as existing payment means.»
But in this world, where people do tend to trust financial institutions to handle payments and central banks to maintain the value of money it seems unlikely that bitcoin could ever be as convenient as existing payment means.»
Integrating existing payments solutions to act like dominant payments companies like Visa could be a solution.
He noted Suretap relies on existing payment infrastructure, allowing for payment using either barcodes displayed on a device's screen or through «tapping» with near field communication (NFC) technology.
And it includes information like how to qualify for student loan benefits; how employees can certify their employees for certain programs; and how to make the most of existing payment programs,» CFPB director Richard Cordray said in a press release.
Debt Consolidation Home Renovations Paying off Income Taxes Family Vacations Childrens Education Lowering Existing Payments Purchasing Investments Starting a Business
Increase of the daily charge to # 10 for customers who do not take up CC Auto Pay and continue to pay through existing payment channels
The revised EU Payment Services Directive 2015/2366 (PSD2) will come into effect on 13 January 2018 and have significant repercussions for existing payment service providers.
«Digital fiat currency would certainly be influenced by [the] existing payment system and information technologies, but it should be distinguished from [the] current payment system so as to focus on service delivery and play its role in replacing traditional currency.
Considering the rarity of credit card chargebacks and the low fees available for existing payment options in the country, there just isn't a compelling use case, he wrote.
So far, news has been limited to one pioneering pizzeria and a startup, Umbrellab, which offers payment solutions including bitcoin and was reportedly trying to integrate bitcoin ATM functions into Dubai's existing payment kiosk network.
This would give us the opportunity to use the distributed ledger technology at the level of the EEU area, to make settlements and transfer financial information without disrupting existing payment systems,» Olga said.
The innovations I want to see are ones that make cryptocurrency deployable in normal environments, without sacrificing the properties that distinguish cryptocurrency from existing payment mechanisms.
Crypterium is working to create a decentralized cryptobank platform capable of performing instant payments in cryptocurrency using existing payment terminals, powering a state - of - the - art system for acquisition of cryptocurrencies by businesses (with the ability to receive fiat currencies for crypto), and making crypto loans more accessible.
US District Judge Alison Nathan in Manhattan officially defined bitcoin as money since it can be utilised to settle and process transactions freely like other existing payment tools.
«If we lived in a dystopian world without trust, Bitcoin might dominate existing payment methods,» Martin said.
This scam often involves perpetrators who pose as legitimate suppliers and advise changes to existing payment arrangements.
«If we lived in a dystopian world without trust, bitcoin might dominate existing payment methods.
The funding from Revolution Growth is also expected to help Bigcommerce grow access new customers by arranging strategic partnerships with existing payments and software companies.
The transparency provided by Bitcoin is unique compared to existing payment systems.
This amendment is a technical change that would continue $ 24.5 million of existing payments to five academic medical centers.
Lightning networks are considered a promising innovation in the Bitcoin space, which would make the Bitcoin system much more scalable and able to process transactions at a high rate and low cost, and are suitable as an alternative to existing payment networks.
On the business end, Twitter's aim is to create a low barrier of entry for retailers to participate (no extra software or add - ons to their existing payment processes) and for advertisers to use the offers to measure the effectiveness of the promotions.
Although the patent was reportedly rejected, it's fascinating to see the bank lay out some of the problems with the existing payment structure.
Banks are looking forward to implementing new technologies for changing and improving the existing payment systems.
The company said the token sale was aimed at financing the upgrade of its existing payment processing network into a blockchain - enabled system.