Security
Working out the card number, expiry date and security code of any Visa credit or debit card can take as little as six seconds and uses nothing more than guesswork, new research has shown.
Dec 1, 2016
2
2615
Computer Sciences
Two researchers at Emercoin, a decentralized peer-to-peer (p2p) network providing secure blockchain business services, have recently developed a new technology called Randpay that only allows users to complete payments and ...
Consumer & Gadgets
Google users can now apply for their share of a $23 million privacy lawsuit settlement.
Jul 6, 2023
1
38
Business
Nintendo has said it will no longer sell games in Russia through its online store as the Japanese giant winds down operations in the increasingly isolated country.
Jun 1, 2023
0
4
Consumer & Gadgets
Vulnerabilities in Apple Pay and Visa could enable hackers to bypass an iPhone's Apple Pay lock screen and perform contactless payments, according to research by the University of Birmingham and University of Surrey.
Sep 30, 2021
0
257
Business
A new feature coming to Venmo is making it easier for users to claim a stake in cryptocurrencies like Bitcoin.
Apr 20, 2021
1
11
Business
After finding a vulnerability in certain credit cards for the first time last year, ETH researchers have now found a way to outsmart the PIN codes for other payment cards.
Feb 23, 2021
3
126
Consumer & Gadgets
Citizens living in the euro area make an average of 13 payments per week of all types. They circulate through a range of channels and by way of different media, including cash, payment cards, and online.
Apr 14, 2023
1
38
Hi Tech & Innovation
Moscow on Friday rolled out a facial recognition payment system in the city's metro system, part of a rapid expansion of the controversial technology in Russia.
Oct 15, 2021
1
7
Business
A banknote has been sitting in my wallet for six months now. As time ticks on, it burns an ever greater hole in my pocket.
Sep 10, 2020
0
52
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
