Business
Germany's antitrust watchdog said Monday it had launched an investigation into PayPal to examine whether the US online payment giant was using its dominance to restrict competition.
Jan 23, 2023
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6
Business
With fewer people using public transport and more working from home due to the COVID pandemic, public transport agencies need to do everything they can to encourage more people to use their services. An essential step is ...
Jan 20, 2023
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7
Security
A plot to move some cabs to the front of the line for passengers at New York's Kennedy Airport was aided by Russian hackers who infiltrated an electronic taxi dispatch system, authorities said Tuesday as they announced the ...
Dec 20, 2022
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3
Business
The United States is considering issuing a digital dollar, which would be backed by the nation's central bank and could help reinforce the U.S. role as a leader in the world financial system. Several financial institutions, ...
Nov 21, 2022
1
14
Security
First Optus, now Medibank; in less than two months we've experienced two of the largest personal data breaches in Australia's history. In both cases the hackers attempted, and failed, to extort a ransom in exchange for not ...
Nov 14, 2022
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4
Business
Amazon is rolling out a feature that allows shoppers to pay for items using their Venmo accounts.
Oct 25, 2022
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31
Consumer & Gadgets
Gov. Jared Polis said Coloradans can pay their taxes using cryptocurrency, making good on a plan he announced earlier this year.
Sep 21, 2022
1
8
Business
Indonesia has launched an anti-trust investigation into Google over the etch firm's insistence that its payment system be used for purchases from its app store, authorities said Thursday, accusing it of unfair business practices.
Sep 15, 2022
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7
Other
Researchers Aaron Golub, John MacArthur and Sangwan Lee of Portland State University, Anne Brown of the University of Oregon, and Candace Brakewood and Abubakr Ziedan of the University of Tennessee, Knoxville have published ...
Jul 29, 2022
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8
Business
Central Bank Digital Currencies (CBDCs) may offer a route towards improving and simplifying the complex ecosystem of international and domestic payments but are not likely to replace established conventional payments systems ...
Jun 9, 2022
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21
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
