Consumer & Gadgets
Apple said Tuesday it is expanding the iPhone's capabilities to accept contactless payments, making it easier for merchants to conduct tap-to-pay transactions without having to buy additional hardware.
Feb 8, 2022
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45
During the Black Friday to Cyber Monday weekend two years ago, about 8,000 people for the first time used Sezzle Inc.'s payment system when they shopped online.
Dec 31, 2020
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4
Consumer & Gadgets
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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30
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
Telecom
Broadband internet was disrupted in many parts of Nepal on Thursday as Indian vendors from whom most Nepali private operators source the bandwidth stopped providing the services because of payment defaults.
May 2, 2024
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3
Business
Twenty European banks are working on setting up a pan-European payment system to challenge the dominance of Visa, Mastercard and technology companies such as Google and PayPal, European banking and government sources said ...
Nov 5, 2019
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12
Internet
Facebook on Monday added a digital payments feature to its WhatsApp messaging service, starting in Brazil but with an eye to expanding around the world.
Jun 15, 2020
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28
Business
Four years ago, fried-chicken chain KFC tweeted from its Canadian account that it would accept bitcoin as payment for its "buckets".
Apr 10, 2022
1
16
Internet
Google said Monday it plans to start enforcing a rule requiring Android apps in its Play store to use its payment system, which takes a 30 percent cut of transactions.
Sep 29, 2020
0
10
Business
Microsoft on Wednesday courted the favor of antitrust regulators scrutinizing its plan to buy video game maker Activision Blizzard, promising that any app store it builds will treat developers fairly.
Feb 10, 2022
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6
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
