Sentences with phrase «process money transactions»

Accurately process money transactions.

Not exact matches

It is the reliable and fastest way of transaction and the most powerful world's blockchain technology, sends money around world for pennies as the number of blocks increases more transaction can be processed.

«Our BOSS Revolution international money transfer business routinely utilizes digital assets to generate liquidity in fiat currencies for our disbursement agents as part of our transaction settlement process,» said Alfredo O'Hagan, senior vice president of IDT's consumer payments business.

When an Abra Teller processes a «deposit» transaction, they are not actually transmitting money between two parties, they are only selling bitcoin to their customers (who may have this bitcoin converted by the app on - the - fly into the currency of their choice).

«We will only process fiat currency - based transactions,» he said, referring to currencies that are issued by governments as legal money, such as the U.S. dollar.

It allows them more than to just send money from one client to another, but to process any messages or transactions in a safe and fast manner.

They are both free - to - use for consumers, but each transaction costs Square and Venmo money to process.

As Internet purchases rise — U.S. e-commerce revenue increased 15 percent in the first quarter from a year earlier, according to the U.S. Department of Commerce — more would - be thieves are trying to find ways to intercept transactions facilitated by online payment providers, steal information transmitted in the process, or dupe buyers into sending money to phony companies.

The U.S. Department of Justice (DoJ) has filed a lawsuit against digital payment processor Payza for allegedly operating an unlicensed money service business that processed more than $ 250 million in transactions.

Once the transaction is processed, the money passes to the campaign's bank account, either immediately as a single transfer or periodically as donations add up.

In this context of budget uncertainty, going cashless can help schools save money by streamlining their payment processes — whether it is to pay for school meals, school trips or any other transaction between the school and parents.

Real money mobile casino gambling is legal in the US, but the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) still prohibits numerous financial institutions from processing transactions at online gambling sites (both at desktop & mobile gaming sites).

Credit Card Company is charging me 3 % to 5 % from the total to process the transaction and I get the money for the sale in about 3 days.

Those who engage in transactions with Wise Money Tips are asked to provide additional information, including as necessary the personal and financial information required to process those transactions.

Visa, Mastercard and American Express earn money from assessment fees, which are assessed for processing a merchant's credit card transactions.

Open an account: Complete a quick online application to open a checking, money market or savings, CD or IRA account and take advantage of higher deposit rates, real - time transaction processing and flexible account options.

From refinancing to purchase transaction processes, you can trust that you're accessing top - rated California hard money loans with Source Capital.

If something goes wrong in the transaction process, there's a possibility that either you will get your earnest money deposit back or the seller will keep it.

Process or Transaction charges or Tax (levied by Indian bank) on money what I'll send to my saving account in India.

The other way they make money is by processing transactions.

It processes credit and debit transactions in batches, and provides a secure and convenient way to move money into and out of accounts.

Contrary to popular belief, residential hard money lenders is a good loan source which should be considered by real estate investors when they are using low risk and maximum return of investment as the top priority with the easy qualification and flexible transaction process.

That logo simply indicates that one of those two companies is processing the flow of money from each transaction.

Our education savings specialists are here to help guide you through the process — whether you're opening an account, contributing money to your portfolio, or completing another transaction.

The bank is already losing money short selling the home; a lowball offer will be often be met with rejection and / or a slow transaction process.

If the seller is motivated enough to make the transaction, you may save some money on closing costs in the process.

A trace number is a tracking number assigned by the Electronic Fund Transfer (EFT) process to identify individual money transfer transactions.

Essentially, credit card networks simply process the transaction; they do the heavy lifting, so to speak, of actually moving the money to and fro.

Most money transactions are done online, as are loan and mortgage processing.

That is how he saves them money on processing and transaction fees, he said.

In the PISP model, your money will still be paid out of your bank account, but the transaction will merely be processed by the bank upon the request of the PISP.

TitlePLUS can help reduce transaction costs because it can, in some cases, replace the need for an up - to - date survey required by the lending institution; TitlePLUS coverage can also reduce the number of searches and inquiries the lawyer handling the transaction must undertake, thus streamlining the process and potentially saving the consumer time and money.

Yes, it's true that people do sometimes lose money during the selling and buying process, but it's only a small problem when we consider the much bigger picture — in over thirty years as a conveyancing solicitor I have not seen a huge amount of abortive transactions.

When customers move funds into a «hot wallet» on Xapo for transaction purposes (itself a 48 - hour process), the money could be vulnerable to the same hacks that Coinbase accounts are.

The team said that their new wallet assists users in avoiding complex and lengthy exchange registration processes, centralized servers storing their money, large spreads, transaction fees and withdrawal fees, minimum deposits and token listing costs, rampant pump and dumps and fake or inflated volumes.

In this way, being a miner only makes sense if you intend to process transactions honestly, otherwise it is just throwing money away.

As one of the world's largest independent money transfer businesses, it processes billions of dollars» worth of transactions each year.

While this solves transaction speed and bottlenecking issues, including being able to swap Bitcoin for other currencies such as Litecoin, it does mean that those mining Bitcoin will not make as much money processing lower fee driven transactions.

Unlike credit card transactions or other funding methods that require a processing fee, bitcoin doesn't cost anything to move, which means that any sportsbook withholding some percentage of your funds is simply taking money that should be yours.

If you live in the UK and you want to send some financial energy (i.e., money) to someone in Indonesia, you process the transaction on the blockchain and in a matter of minutes the recipient has it.

«We take the protection of our customer's information and accounts extremely seriously... to reduce the risk for our customers, and to help protect their money, some card transactions may not be processed»

Now that the transaction process is direct from fiat money to litecoin, the need for BTC tokens will be reduced.

State prosecutors in California have said the website's chief executive Carl Ferrer and founders Michael Lacey and James Larkin illegally funneled money through multiple companies and created various websites to get around banks that refused to process transactions.

It allows users to send and receive money globally, and process transactions from the convenience of their mobile device or computer.

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.

At Commonwealth, its terms do reference bitcoin, «saying it can refuse to process an international money transfer or an international cash management transaction «because the destination account previously has been connected to a fraud or an attempted fraudulent transaction or is an account used to facilitate payments to Bitcoins or similar virtual currency payment services,»»

It has been integrated in recent months by a number of major exchanges such as Bitstamp and Coinbase to process a large volume of transactions in order to save users money.

It's that processing power which is used to make sure that every transaction is verified and no money goes unaccounted for.

The process of counting the money, reconciling the receipts and balancing the cash drawer creates an accountability of the day's transactions.

Identified and mitigated risks by proactively monitoring and processing correct paperwork in correspondence with U.S. Passports, expedited mail parcels, suspicious mail, money orders, and funds transaction reports