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 ...
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
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
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
Business
On August 14, Apple Inc. announced it will begin letting third parties use the iPhone's payment chip to handle transactions, a move that allows banks and other services to compete with the Apple Pay platform.
Aug 15, 2024
0
7
Business
Failed cryptocurrency platform FTX Trading and affiliate Alameda Research must pay $12.7 billion to compensate customers and fraud victims under a consent order, US regulators announced Thursday.
Aug 8, 2024
0
0
Business
Italian luxury carmaker Ferrari said Wednesday its European dealers will start accepting cryptocurrency, following a similar move in the United States.
Jul 24, 2024
0
1
Security
Mastercard said Wednesday that it expects to be able to discover that your credit or debit card number has been compromised well before it ends up in the hands of a cybercriminal.
May 22, 2024
0
1
Business
Music streaming giant Spotify has been sued in a US federal court for allegedly underpaying songwriters, composers and publishers by tens of millions of dollars.
May 18, 2024
0
8
Business
The social network formerly known as Twitter has fully migrated over to X.com, owner Elon Musk said on Friday.
May 17, 2024
0
2
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
