Sentences with phrase «use digital payment»

After the Currency ban in India, the Most of the users turns to use Digital Payment Apps like Bhim app, Bharat QR Code App.

The deVere CEO concludes: «Robust regulation that is devised, implemented and enforced by international financial regulators will mean further protection for the growing number of people using cryptocurrencies, the less likely it will be that criminals will use these digital payment methods, the less potential risk there will be for the disruption of global financial stability, and the more potential opportunities there will be for higher economic growth and activity in those countries which introduce it.»

It's interesting to watch as various credit card issuers work harder and harder to get us, the consumers, to use digital payment technology.

A 2016 International Post Corporation survey cited by the United Nations, for example, found that a plurality of global shoppers purchasing goods from another country — 41 percent — preferred to use a digital payment method such as PayPal, rather than a credit card or other payment method.

The article also outlined the potential role a central bank - backed cryptocurrency could play, noting that consumers are already increasingly using digital payment systems instead of cash.

Not exact matches

A recent digital wallet survey conducted by data analytics company Thrive Analytics, reported on by trade publication Payments Source on Wednesday, shows that while 80 percent of consumers are aware that digital wallets exist, less than one third use one.

Meanwhile, hackers used a different method of attack last weekend to steal $ 400,000 worth of the cryptocurrency Lumens, used on the Stellar digital payment system, from an online wallet service called BlackWallet.

XRP, a digital offering by Ripple that is used for cross-border payments, is fairly difficult to buy, as it's not offered on most major exchanges.

Ezetap created a universal payments platform in 2015, allowing merchants to accept any digital transaction including physical cards, online payments, mobile wallets, or one - click payments via India's new UPI system that allows any device or interface to use biometric data, SMS, or digital QR codes.

I overheard someone say they had completed a payment using some sort of digital currency.

Silk Road 2.0 provided an online bazaar where users across the world could buy and sell drugs, computer hacking tools and other illicit items, using the digital currency Bitcoin as payment, authorities said.

Digital payments are clearly the wave of the future but people will likely be using familiar folding money for awhile longer.

But rather than settling those transactions itself or billing customers» phone statements, Isis believes working with the payments networks will make mobile payments more appealing to consumers and merchants, who can continue to use or accept the card platforms of their choice — only instead of using physical cards the parties will swap digital information wirelessly.

According to Forrester Research, 73 percent of American adults who use the Internet and make digital payments to friends and family already use PayPal.

Although the use of crypto - currencies puts a new spin on it, the history of micropayments for content is littered with failures, including a litany of strange - sounding digital would - be payment systems such as Beenz and Flooz.

The traditional process used to settle accounts and clear trades is «slow, archaic and high cost,» said the CSE's chief executive Richard Carleton, particularly compared to the other instant financial transaction systems used today, such as digital payments.

Although Walmart may be challenging Apple in mobile wallet payments, it's likely more focused on holding off rival Amazon by using digital services to stay engaged with its consumer base.

A third is using blockchain technology — the distributed digital ledger behind Bitcoin — to make our insane medical payment system more efficient.

Though relatively new in the digital payment space, its simple features make it a lot easier to use than some of its competitors.

Millennials are sensitive to cyber security issues and identity fraud, and 64 percent of millennials believe that gift cards are safer to use online than any other digital payment method.

For its ACH service, WePay is charging 1 percent plus 30 cents per transaction, and that covers «the full spectrum of risk - management» and additional merchant services that WePay's platform provides to the small businesses that use it to accept digital payments, White says.

Some news accounts indicate that his campaign stopped using the firm's data after the South Carolina primary in late February 2016, though federal campaign records show more than $ 670,000 in payments to the firm for «media / voter modeling» or «voter ID targeting / web service» in March and June, plus $ 218,000 for «media» and «digital service / web service.»

In June, U.S. exchange operator Nasdaq (NDAQ.O) said it was exploring new ways for shares to be issued and transferred, while Reuters disclosed earlier this year that IBM was looking at creating a digital cash and payment system using the blockchain.

Ripple uses blockchain technology to develop a payments network for banks, digital asset exchanges and other financial institutions (FIs).

In fact, it's a digital currency that is used for online payments.

While the benefits of distributed ledgers have been much discussed, Bain concluded that actual tools using blockchain for international payments and trade finance remain in their early stages as banks remain challenged by scaling the technology, along with uncertainties surrounding digital currencies and privacy issues.

The British Virgin Islands - based company will use the funds to develop a multi-blockchain system and digital currency designed for mass - market consumer payments, much like Visa or Mastercard.

Swanepoel thinks bitcoin's cheap international payments could be a vast improvement over existing options and a prime use case of the digital currency for the country.

XRP is a digital asset with a clear use case — it's the best digital asset for payments.

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In contrast to other prominent banking institutions, some of which are interested in exploring other use cases for the blockchain, Carstens did not appear impressed by technologies related to digital assets: «In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.»

We can use cash, credit, debit, prepaid cards, checks, wire transfers, digital wallets and online and mobile payments, but which do we want?

However, it is mandatory for law enforcement agencies to continue their pursuit towards finding digital criminals, and cleaning the bitcoin market, as an effort of making the digital currency be used for its true purpose: decentralized global payments.

The app gave guests a quicker digital ordering option, allowed them to use saved payment information and freed up staff from taking down phone orders.

For most cryptocurrency use cases, mass user adoption is still years off: «Less than 10 million people «use» crypto today, and aside from use as «digital gold» or «payment rail», other use cases won't have meaningful traction for 18 + months at fastest.»

As digital currencies emerge, therefore, the preference for decentralised payment systems would ostensibly render the use of a banking intermediary redundant, which raises pertinent questions regarding the role — or lack thereof — of central banks.

In addition to using Kraken for leveraged margin trading and exchange between 11 digital assets and 5 national currencies worldwide, the acquisition means that clients will soon be able to experience direct one - click buying and selling of bitcoin and other digital assets via convenient payments like ACH transfers.

So, that is, accepting the digital currency today is completely legal; this means MonaCoin and other cryptos can be used as a medium of payment in businesses, stores, or restaurants.

Here is Luno's position (and actions) regarding three areas of interest: Using digital currencies as payment mechanism Owning digital currencies like Bitcoin and Ethereum Buying, selling and trading digital currencies...

Bitcoin is a digital currency created in 2009 that uses decentralised technology for secure payments and storing money that doesn't require banks or people's names.

China's central bank has instructed the country's financial institutions to cease providing cryptocurrency services, including the prevention and suspension of payment channels used for digital currency settlements.

I thought it was noticeable that only 22 % of the Citigate survey panel thought there would be a dramatic increase in the use of digital currencies as payment or money transfer methods over the next five years.

Dash is said to be a «digital cash» that can be used for instant and highly private payments.

The company is launching bitcoin payments on its platform in the US and the Netherlands after receiving positive feedback from customers who are keen to begin using digital currency for in - game payments.

«I think it will be more of the digital gold that's programmable, and I think there will be currencies that survive more for P2P payments, more for financial engineering, [and other specific use cases].»

The bus hiring company announced its partnership with the Bitcoin payment processor following increased awareness among the consumers about the digital currency and its cost benefits and ease of use.

Since 2012, XRP has been considered the only digital asset with a clear institutional use case that works to solve the multi-trillion dollar liquidity problem that plagues banks, payment providers and corporates.

Bitcoin is a digital currency that people can invest in and use as payment for goods.

At the event, which was hosted by the Yale Law School Center for the Study of Corporate Law in New Haven, Powell highlighted three specific areas where blockchain technology is affecting change in regard to the Federal Reserve's «broad public policy objectives»: the creation of real - time payment systems, use of blockchain technology for clearing and settlement services, and the issuance of digital currencies by central banks.

«Unless its use was strongly pushed by regulation, digital cash would need to convince users by offering better and more convenient payment solutions than other payment systems,» added Mai.