The move to a cashless society isn't just a possibility, it's well underway
When was the last time you used cash? For many Australians using cash or even swiping a card has become a rare event.
Oct 17, 2023
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When was the last time you used cash? For many Australians using cash or even swiping a card has become a rare event.
Oct 17, 2023
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Thousands Cash App and Square customers were unable to access their accounts or send money Thursday and early Friday due to system outages impacting both payment services.
Sep 8, 2023
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The social media platform X will begin offering video and audio calling, owner Elon Musk announced on Thursday, a step towards turning the former Twitter into an "everything app."
Aug 31, 2023
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Elon Musk's recent rebranding of Twitter as X is a step toward the CEO's goal of developing an "everything app." Musk's vision is for X to mark the spot for all your digital needs—to chat with your friends, order groceries, ...
Aug 12, 2023
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The city of New Haven lost more than $6 million in multiple cyberattacks on its public school district earlier this summer and has so far managed to recoup about half of the money, officials announced Thursday.
Aug 11, 2023
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France's international news agency, Agence France-Presse, says it is pursuing a copyright case against X, the social media platform formerly known as Twitter, in an effort to secure potential payment for its news content.
Aug 3, 2023
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Elon Musk is rebranding his Twitter platform as "X" and wants to create a super-app where users will do all their finances as well as their socializing.
Jul 26, 2023
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Google users can now apply for their share of a $23 million privacy lawsuit settlement.
Jul 6, 2023
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The EU on Wednesday took its first significant step towards launching a digital version of the euro, a controversial project that has been questioned by politicians and banks.
Jun 28, 2023
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Cashless societies, where transactions are entirely digital, are gaining traction in many parts of the world, particularly after a pandemic-era boom in demand for online banking.
Jun 8, 2023
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A payment is the transfer of wealth from one party (such as a person or company) to another. A payment is usually made in exchange for the provision of goods, services or both, or to fulfill a legal obligation.
The simplest and oldest form of payment is barter, the exchange of one good or service for another. In the modern world, common means of payment by an individual include money, cheque, debit, credit, or bank transfer, and in trade such payments are frequently preceded by an invoice or result in a receipt. However, there are no arbitrary limits on the form a payment can take and thus in complex transactions between businesses, payments may take the form of stock or other more complicated arrangements.
In law, the payer is the party making a payment while the payee is the party receiving the payment.
This text uses material from Wikipedia, licensed under CC BY-SA