Sentences with phrase «for payment in their country»

Bank Indonesia stated that digital currencies are not recognized as legitimate instrument of payment, therefore not allowed to be used for payment in their country.

Not exact matches

Home sales across the country have dropped in the wake of several government policy measures, including a stress test for home buyers with a down payment of more than 20 per cent, that were implemented to cool the country's hot housing market.
She is responsible for operations in all countries outside of the United States — generating 61 % of the global payments technology company's total net revenue of $ 9.5 billion last year.
«There was no tax benefit for Apple from this change and, importantly, this did not reduce Apple's tax payments or tax liability in any country,» Apple said.
Two sexier, consumer - focused Bitcoin startups Draper likes to showcase are BitPagos, a payment processer for hotels in Argentina that lets them keep money in Bitcoins instead of exposing it to the country's crippling inflation rate, and BitWall, which lets digital publishers charge per - article micropayments to readers and avoid costly credit card transaction fees.
Stripe, which builds payments infrastructure for Web developers, is already processing payments from 12 countries, but until now, business owners using Stripe were limited in the number of transactions they could actually complete.
Similarly, countries differ in their privacy and data protection laws for account, address and payment information that merchants can retain.
And while the Canadian and American systems provide exemptions for payments permitted or required under the laws of the foreign country, Britain's legislation prohibits any payment that would be illegal in the U.K., including facilitation payments.
Western Australia was the only state in the country to record an increase in late business payment times for the September quarter, new data has revealed.
We do so through eBay, the world's largest online marketplace, which allows users to buy and sell in nearly every country on earth; through PayPal, which enables individuals and businesses to securely, easily and quickly send and receive digital payments; and through eBay Enterprise, which enables omnichannel commerce, multichannel retailing and digital marketing for global enterprises in the U.S. and internationally.
While it has long mastered the supply chain for its mobile devices, the payments ecosystem has proved harder to control, and banks in other countries have reportedly negotiated lower transaction fees, contributing to its slow global roll - out.
Mobile payments are gaining acceptance among consumers in North America, Japan and some countries in Western Europe, according to Gartner, Inc., with half of consumers in mature markets expected to be using smartphones or wearables for mobile payments by 2018.
The central bank of Saudi Arabia has signed an agreement with Ripple, paving the way for a pilot project through which the bank will help other banks in the country send payments internationally using technology provided by the blockchain company.
And I think it remains to be seen if there is real demand for a digital equivalent of cash and what it might offer end - users relative to what will be offered by the various forms of real - time payments that are being developed in many countries through projects like the NPP.
Given the massive adoption of mobile phones, digital payments could become the solution for banking in these countries.
His biography contains elements of an epic novel: growing up the son of a jailed Trotskyist labor leader in whose Chicago home he met Rosa Luxembourg's and Karl Liebknecht's colleagues; serving as a young balance of payments analyst for David Rockefeller whose Chase Manhattan Bank was calculating how much interest the bank could extract on loans to South American countries; touring America on Vatican - sponsored economics lectures; turning after a riot at a UN Third World debt meeting in Mexico to the study of ancient debt cancellation practices through Harvard's Babylonian Archeology department; authoring many books about finance from Super Imperialism: The Economic Strategy of American Empire [1972] to J is For Junk Economics: A Guide to Reality in an Age of Deception [2017]; and lately, among many other ventures, commuting from his Queens home to lecture at Peking University in Beijing where he hopes to convince the Chinese to avoid the debt - fuelled economic model off which Western big bankers feast and apply lessons he and his colleagues have learned about the debt relief practices of the ancient civilizations of Mesopotamfor David Rockefeller whose Chase Manhattan Bank was calculating how much interest the bank could extract on loans to South American countries; touring America on Vatican - sponsored economics lectures; turning after a riot at a UN Third World debt meeting in Mexico to the study of ancient debt cancellation practices through Harvard's Babylonian Archeology department; authoring many books about finance from Super Imperialism: The Economic Strategy of American Empire [1972] to J is For Junk Economics: A Guide to Reality in an Age of Deception [2017]; and lately, among many other ventures, commuting from his Queens home to lecture at Peking University in Beijing where he hopes to convince the Chinese to avoid the debt - fuelled economic model off which Western big bankers feast and apply lessons he and his colleagues have learned about the debt relief practices of the ancient civilizations of MesopotamFor Junk Economics: A Guide to Reality in an Age of Deception [2017]; and lately, among many other ventures, commuting from his Queens home to lecture at Peking University in Beijing where he hopes to convince the Chinese to avoid the debt - fuelled economic model off which Western big bankers feast and apply lessons he and his colleagues have learned about the debt relief practices of the ancient civilizations of Mesopotamia.
For example, a person's individual Social Security payments depend in part on changes in the overall cost of living across the country.
That is, are arrangements in place in each country for the pledge of collateral by payment and settlement participants?
OFFSHORE COMPANIES (INTERNATIONAL BUSINESS COMPANIES) is a company which does not carry out any substantial business activities in its country of formation and is framed in a law of no tax jurisdiction for the purposes of legally reducing any kind of tax payment and enhancing one's wealth management.
«Canada is the most ready country in the world for mobile payments to take root,» Rogers Communications VP David Robinson said today at the Wavefront Wireless Summit in Vancouver.
The exchange offers most of the popular payment methods in Europe, including SEPA for all 28 european countries and SOFORT for users in Belgium, Germany, Italy, France, Austria, Netherlands, Slovakia, and Spain.
Six Chinese buyers interviewed for this story said they paid a 10 percent down - payment to Country Garden in showrooms in China by swiping debit or credit cards or using payment services like Alipay.
Last month, FTCash, a mobile payments platform for micro merchants in the country, raised $ 150,000 (around Rs 1 crore) in pre-Series A funding led by IvyCap Ventures.
Despite the rumors for a centralized digital currency, China's central bank governor Zhou Xiaochuan said that the country, which still does not recognize Bitcoin as a legitimate payment method, is not in a hurry to issue its own digital currency.
In Latin America, we have partnered with PayU to help international businesses receive cross-border settlements for credit card payments and other local payment methods in countries like ArgentinIn Latin America, we have partnered with PayU to help international businesses receive cross-border settlements for credit card payments and other local payment methods in countries like Argentinin countries like Argentina.
By working with a greater number of exchanges across different countries to list XRP, we can better serve the growing demand for global payments in both major currency corridors and emerging markets.
In less than a year, they will be the new normal for 34 countries in Europe — thanks to payments initiatives like SEPA, or the Single Euro Payments AreIn less than a year, they will be the new normal for 34 countries in Europe — thanks to payments initiatives like SEPA, or the Single Euro Payments Arein Europe — thanks to payments initiatives like SEPA, or the Single Euro Paymenpayments initiatives like SEPA, or the Single Euro PaymentsPayments Area.
Published in the June 2008 issue of The Gulf, a weekly business news magazine published in Bahrain, and in Counterpunch Every week Mid Eastern countries acquire more dollars in payment for their oil and other exports, and also for rising U.S. investment in their stock markets and other property.
Braintree made it so easy for our marketplaces to accept payments in any language and any country around the world.
Just yesterday, we reported that JPMorgan Chase and Co., one of the largest lenders in the country, lowered its down - payment requirements for Florida borrowers.
Interestingly, with the FIFA World Cup right around the corner, many major hotels in the country have stated that they will accept cryptocurrency payments for hotel bookings!
We then compared the average income of our borrowers in each of those cities with the average monthly housing payment and their average monthly student loan payment, to see how affordable student loan payments actually are for borrowers across the country.
Australia's BillPro has cited merchant interest in bitcoin as one of its reasons for adding our payment gateway as a processing option for businesses in its home country as well as Europe and Asia.
The Bank has become a clearing house for the majority of domestic banks in foreign exchange settlements and a key service provider for banks in CIS countries and Baltic States in Belarusian ruble payments.
These airtime top - up payments can also be made as gifts to other Vodi users, opening up a convenient way for families and friends in different countries to transfer credit back and forth.
Bitcoin is especially valuable for forex traders in developing countries which have limited access to wire transfers or credit card payments.
Russian Energy Minister Aleksandr Novak said the country is considering an option of payments for oil in national currencies, in particular with Turkey and Iran.
The country is $ 70 billion in debt, schools are closing by the hundreds, and infrastructural services — like the overburdened electricity system — have been overlooked in order to make way for debt payments to Wall Street creditors, according to Juan Cartagena, President and General Counsel of LatinoJustice PRLDEF, a public interest law firm.
The payment was made a couple of days later, following provisional agreement on a new accord with the IMF to roll over US$ 12.5 billion in debt over three years as part of a revised programme for the country.
His personal expenditures averaged more than $ 500,000 including monthly rent of $ 12,275 for his primary residence in Pound Ridge, mortgage payments on a vacation home in Stratton, Vermont, fees for multiple beach and country clubs, including a $ 30,000 payment to the Stratton Mountain Club in July 2017, and miscellaneous items charged to credit cards in amounts averaging more than $ 15,000 a month.
«disposable personal income», as reported by the BEA, is a total national figure for personal income after taxes, so comparing how individuals might spend that income in different parts of the country is not even considered by this report... the phrase may be poorly chosen, as might the phrase «personal income» itself, which includes not just wages and salaries, but also passive income from dividends, interest and rent, proprietor's income, and transfer payments such as social security... take all those forms of payments going to individuals, subtract out what's paid nationally in personal income taxes, and you have a national figure for «disposable personal income»
In addition, the authorities will share vital information, such as emerging market trends, developments, and regulatory issues concerning financial services innovation like virtual currencies — a technology that both countries have recognized for payment of goods and services.
Chinese consumers are active and eager users of mobile payments, so WeChat Pay and Alipay have both been in a battle for digital payment dominance in the country.
These include a much better customer experience (especially on mobile, which is a key driver for e-commerce in emerging markets), better privacy (particularly relevant for cross-border payments), the ability to do smaller transaction sizes, a global and fast - growing merchant acceptance network, and of course, for many people in emerging markets, the ability to transact online whereas otherwise they would not be able to, either because they don't have a credit card in the first place, or their credit card is rejected because of fraud risk associated with a particular country.
In the process of launching the country's first Unified Payments Interface - supported wallet for iOS, the startup is already aiming for a 100 million downloads by the end of 2017.
«Our clients are asking for efficient, multicurrency account structures to optimize liquidity, payment and collection capabilities in the countries that they do business in,» says Daniel Drancik, the Chicago - based head of global treasury and payments at Silicon Valley Bank.
If you have any doubts about a directory / guide solicitation using The International Restaurant & Lodging Show of New York name (for example, if the solicitation requires payment made to an address in a foreign country), please contact an International Restaurant & Foodservice Show of New York salesperson ASAP.
By guaranteeing a minimum price and a premium payment, which producers invest into their businesses and communities, Fairtrade gives people in developing countries the opportunity to improve their lives and plan for their future.
Bayern deputy chairman Jan - Christian Dreesen commented: «The transfer fee for the current international, who was voted the Shooting Star of Portuguese Football in his home country yesterday evening, is 35m euros, plus possible bonus payments that could become due if for example the player is named in the World Team of the Year or FIFA World Player of the Year.»
He said, «It is germane at this stage to congratulate the Federal Government which in the last one week commenced the payment of monthly stipends to its successful applicants for the N - Power schemes for the unemployed youths in our country and the payment of monthly stipends of N5, 000 to vulnerable but socially responsible poor in our society.
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