Sentences with phrase «used as a payment system»

Currently, Bitcoin is still the dominant payment method for illegal goods on the cyber-criminal underground, but as the cryptocurrency's use as a payment system continues to decline, new and more efficient payment channels will take its place.
Beyond its use as a payment system between parties on the platform, BAT can also be used to obtain a variety of advertising and attention - based services on the Brave platform.
Cryptocurrencies are not only used as payment systems but can also be used to execute contracts and run programs.
Ether is used as a payment system for decentralized applications; it is one of the most established cryptocurrencies and, consequently, a top choice for new investors.
Ripple is used as a payment system by the two German and American banks and there are many well - known financial institutions that are experimenting with the Ripple and its network.

Not exact matches

Transitioning your business to one that uses a virtual bill and invoice payment system, for example, will save you an exponential amount of time every month, as well as keep your files more organized and easier to retrieve.
Through a series of YouTube videos, viewers will see players like Minnesota Wild defenseman Ryan Suter and Edmonton Oilers forward Ryan Nugent - Hopkins use the credit card company's payment system as they go through a skills competition, which is a fun variation to the NHL All - Star Game's annual skills competition.
The government will «take all measures to eliminate the use of these crypto - assets in financing illegitimate activities or as part of the payment system,» India's finance minister told lawmakers in New Delhi in February, according to a transcript by The Hindu newspaper.
Investors can participate in the potential of companies such as TIO Networks Corp. (TSXV: TNC), an expedited bill - payment processor, which recorded $ 36.5 million in revenues in 2011, an increase of almost 50 % over the previous year, and Verisante Technology Inc. (TSXV: VRS), a medical device company that commercializes cancer detection systems using a platform developed by the BC Cancer Agency.
«The government does not recognize cryptocurrency as legal tender or coin and will take all measures to eliminate the use of these crypto - assets in financing illegitimate activities or as part of the payment system,» Arun Jaitley told lawmakers in New Delhi, according to a transcript by The Hindu newspaper.
The EC alleges that IKEA used an intercompany loan to offset tax, saying: «As a result of the interest payments, a significant part of Inter IKEA Systems» franchise profits after 2011 was shifted to its parent in Liechtenstein.»
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.
Eich has said his company plans to release the code behind the tokens as open source so that anyone can build publishing systems or services that use them for payment.
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.
«Defendants used the lure of quick riches from a twenty - first century payment system known as virtual currency to defraud investors.
The purpose of the group will be to increase the adoption and use of web payments by improving conditions such as the interoperability of systems.
Sequence is used as a system of record by a diverse set of companies including mobile wallets, crypto asset exchanges, lending platforms, sharing economy apps, payment services, funding sites, asset managers, and many more.
«The Government does not consider cryptocurrencies as legal tender or coin and will take all measures to eliminate the use of these cryptoassets in financing illegitimate activities or as part of the payments system
In her analysis, Ms. Chu estimates that at the end of 2016, as much as 22 percent of the Chinese financial system's loans and assets will be «nonperforming,» a banking industry term used to describe when a borrower has fallen behind on payments or is stressed in ways that make full repayment unlikely.
The funds will be used to streamline our services, both for closing the loop within the bitcoin ecosystem as well as our international wage payment system.
However, in February, Finance Minister Arun Jaitley said the government «will take all measures to eliminate the use of these cryptoassets in financing illegitimate activities or as part of the payments system
The energy use of Bitcoin, the biggest blockchain to date, is close to that of Portugal, and while other blockchain networks are more efficient, they are still an order of magnitude less so than a payment system such as Visa.
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As a result, platforms that used Coinbase to process Bitcoin payments had to upgrade their systems.
China's online retail boom also began with increased Internet use, followed by the first wave of Internet companies, which had to jump market hurdles, such as immature electronic - payment systems.
They should also work on incorporating PayPal into their banking system as it is one of the most widely used payment services in the world.
Developed by BitPay, a leading cryptocurrency payment system, Copay is considered to be one of the most secure wallets that is easy to use for beginners and anyone that uses their Bitcoin on a regular basis as a form of payment.
Sharetribe Go's built - in payment system, using Stripe and PayPal, allows your providers to receive money straight to their bank account and accept all of major credit cards and PayPal as payment methods.
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.
Again it was started as a peer - to - peer payment system, but right now it seems like the use case has been as a store of value rather than the payment system.
Used by companies such as UniCredit, UBS and Santander, Ripple has been increasingly adopted by banks and payment networks as settlement infrastructure technology, with American Banker explaining that «from banks» perspective, distributed ledgers like the Ripple system have a number of advantages over cryptocurrencies like bitcoin,» including price and security.
«The Government does not consider cryptocurrencies legal tender or coin and will take all measures to eliminate use of these crypto - assets in financing illegitimate activities or as part of the payment system
Payments can be made through an autopay system, anytime online through your LendingPoint account, or using certified funds such as a money order or cashier's check.
Using Bitcoin, the transaction fee could be lowered to as little as 1 percent.10 This could ultimately evolve into a new payment system for credit card companies and banks.
«The government does not consider crypto - currencies legal tender or coin and will take all measures to eliminate use of these cryptoassets in financing illegitimate activities or as part of the payment system,» Jaitley said.
Second, they charge high commissions (15 - 20 %), as do the payment systems people must use to contribute with.
Bitcoin can be used entirely as a payment system; merchants do not need to hold any Bitcoin currency or be exposed to Bitcoin volatility at any time.
The school district uses a similar system as others to process electronic payments and offers automactic pay if your child's balance dips below a certain amount.
Masterpass QR which is a global digital system for Merchants, small and informal micro merchants, large corporate organizations and governments give customers access to fast, simple and secure digital payments options by using mobile phones, as customers now have the freedom to shop across devices and channels.
APDA also requested that all payment of workers» salaries in the states should be done through the Integrated Payroll and Personnel Information System (IPPIS) as being used at the federal level.
As New York's Metropolitan Transportation Authority begins phasing in a new fare - payment system next year, transit advocates are detailing ways the new technology could be used to improve passengers» experience.
Citing ongoing projects such as the National Digital Property Addressing System, the soon - to - be-issued national ID card, the land records digitisation agenda and efforts to increase financial inclusion via interoperability in the payment systems, Vice President Bawumia indicated that government was already engaged in the use of technology for the transformation agenda.
In a related commentary, Paul B. Ginsburg, Ph.D., University of Southern California, Los Angeles, writes: «There is broad consensus among physicians, hospital and health insurance leaders, and policy makers to reform payment to health care providers so as to reduce the role of fee for service, which encourages high volume, and instead to use systems that reward better patient outcomes, such as bundled payments for a population or for an episode of care.»
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.
Yeeyoo — Social Network - «Matchmaking» and «dating» is known as «serious dating» - 114 million internet users in China; 2 or 3 people use each computer - 414 million wireless users - Yeeyoo offers an anonymous calling service which makes 1 - 2 RMB per min - Meetic acquired Yeeyoo for $ 20 million - Meetic made $ 100 million revenue last year and 8 % was from mobile - Mobile could be the same size as online dating in the next 5 years - Yeeyoo won't be charging for membership, not possible, lack of payment systems, will sign another deal like their China.com cobrand deal.
Coupled with fully customisable site designs allowing you to have your site looking exactly as you want it to (or you can use one of our wide choice of pre made templates), multi languages, geo targeting, country specific pricing and payment options, the best affiliate marketing tools, powerful reporting functions to allow you to really get an in depth insight into your traffic and finances, and advertising system's to allow you to make money from adverts that you place on your site, message all or only specific members of your site with newsletters or tempting offers.
Once the accounts are linked, users may also use PayPal as a payment option when buying digital content for the Wii U or Nintendo 3DS family systems from the Nintendo website.
Within a couple of years, Croydon schools began to use the system for all parent payments, such as for school trips and uniform.
I hope this helps explain the process - and maybe others could suggest other ways to cover linear equations or graphing straight lines - I certainly used to use sport scores (Australian Rules football has a nice scoring system that uses the formula P = 6g + b) and contexts where there were fixed and variable charges such as taxi fares and work contexts where there are fixed and variable rates of payments.
For many, the usual process involves an abundance of spreadsheet systems used to keep track of data and payments as required, spread across multiple sheets and perhaps only accessible by one individual at a time.
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