Sentences with phrase «retail payment system»

This type of double - taxation poses a real challenge to the integration of cryptocurrency into retail payment systems.

In November 2016, SETL collaborated with Deloitte and Metro Bank to create a smartcard retail payment system.

However, this exact scenario is one of the major taxation issues keeping Bitcoin out of mainstream retail payment systems.

So, while Bitcoin has the technological capacity to create secure, low - cost, and efficient retail payment systems, current tax policy is standing in the way.

Google Wallet, another early retail payment system, morphed into Android Pay before Google folded both services into one: Google Pay.

Facilitated retail payment systems and inventory management applications.

FIS in its 2017 report on fast retail payment systems noted that there were some retail payment systems with real - time features as early as the 1970s and 1980s.

term impact on their utility as a retail payment system given their low rate of usage in this regard.

This is a good example of the complex dynamics of competition in the retail payments system.

Sweden's central bank has published research detailing bitcoin's impact on its retail payment system and krona trading volume.

According to the governor, this currency will be developed to suit the needs of China as a country by bringing «convenience, rapidity, and low cost in a retail payment system while taking into account security and protection of privacy.»