Sentences with phrase «mobile payment systems such»

MasterCard today unveiled a biometric chip - and - pin credit card featuring a built - in fingerprint sensor that takes cues from mobile payment systems such as Apple Pay.The card can be used to make purchases like any other, except rather than keying in a PIN number, card holders can choose to place their finger over the square sensor to approve the transaction.Alternatively, users can take a two - tier authentication approach and use both their PIN and fingerprint to approve the purchase.

We in fact carry RFID around in our pockets — mobile payment systems such as Apple Pay and Google Wallet use a specialised form of the technology.

The most common use of the technology right now is a mobile payment system such as Google Wallet and Apple Pay.

Not exact matches

As demonstrated by the far - reaching success and impact of Chinese Internet companies — such as e-commerce giant Alibaba's record - breaking «11.11 Singles» Day» sales of over US$ 17 billion, as well as the incredible saturation of over 700 million active users achieved by Tencent's messaging and social networking platform, Wechat, and its new mobile payment system, WePay, to name a couple — in many respects, China's mobile and digital infrastructure has surpassed the systems available in many economies, including those in Canada.

The launch of mobile money payment interoperability system is expected to largely eliminate the difficulties associated with traditional banking services, such as the difficulty in opening bank accounts, the high costs associated with maintaining a bank account relative to customers» income levels, the need to have basic literacy, administration and record keeping abilities and English - language capacity to operate a bank account, and the sheer intimidating nature of banking halls.

The Vice President who recently launched the mobile money payments interoperability system in Ghana maintains that, with other electronic payment channels such as the e-bills pay, instant pay and the introduction of the national identification card, the nation's ability to move faster towards a cashless system, stamping out corruption and turning around the fortunes of the economy, is assured.

McKee said the detailed look at noncash payments should support efforts by the Fed to update the nation's payments systems, the «rails» for moving money around including checks, the automated checks known as Automated Clearing House or ACH transactions, cards, and alternative payments such as mobile wallets.

Examples including new payment methods, mobile apps, lending and funding systems, such as crowdsourcing platforms, cloud based budgeting, accounting and finance software, and back office processing.

Going Mobile New mobile payment systems, such as Apple Pay, Google Wallet and Square, have attempted to revolutionize the way small business owners do business by making it easier to complete transacMobile New mobile payment systems, such as Apple Pay, Google Wallet and Square, have attempted to revolutionize the way small business owners do business by making it easier to complete transacmobile payment systems, such as Apple Pay, Google Wallet and Square, have attempted to revolutionize the way small business owners do business by making it easier to complete transactions.

DDG believes the opportunity to build Digital Debit with Coinbase will give their QR payment system a competitive boost in the growing real - time payments space and become an instant competitor to other mobile payment apps such as Zelle, Venmo, Square Cash, and Western Union.

Apple is planning a significant investment in LG Innotek to secure supply of 3D sensing modules for next - generation iPhone and iPad models expected to launch this year, according to Korean website The Investor.iPad Pro render by Benjamin Geskin and rough mockup of iPhone X and iPhone X PlusThe upfront payment could be worth as much as around $ 820.9 million, which LG Innotek would use to build additional facilities for production of 3D sensing and camera modules for mobile devices, the report claims.The 3D sensing modules assembled by LG Innotek, including the flood illuminator and dot projector, are key components of the iPhone X's new TrueDepth camera system, enabling features such as Face ID and Animoji.The investment would make sense given Apple plans to launch a refreshed

«Because emerging payment systems such as mobile and cryptocurrencies may have limited interaction with traditional financial institutions, there are more limited opportunities to detect laundering which involves them,» the filing stated.

For such customers, a technology like bitcoin would be comprehensible since most, he asserted, are aware of payment methods like M - Pesa, the Kenya - based mobile payments system with at least 14 million active users.

The issue of delayed transactions with platforms such as SWIFT, Western Union, Money Gram and some mobile payment systems can be solved using blockchain technology as it is able to provide higher transaction speed than its peers.

Pichai said that unlike other mobile payment platforms such as Samsung Pay, Android Pay is an API layer in Android to let anybody can build a payment service using the open - source mobile operating system.

«Because emerging payment systems such as mobile and cryptocurrencies may have limited interaction with traditional financial institutions, there are more limited opportunities to detect laundering which involves them.