News tagged with payment
Global mobile payments to top $171 bn: survey
Worldwide mobile payments are expected to top $171.5 billion in 2012, a 61.9 percent increase from 2011, a research report said Tuesday.
May 29, 2012 |
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Digital 'wallets' proliferate at cellphone show
Cash, coins and credit cards are so Twentieth Century. At least, that's the opinion of the electronics manufacturers, phone companies, banks and credit card issuers that expect cellphones to be the main way consumers pay ...
May 10, 2012 |
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Cellphone trade show kicks off in New Orleans
(AP) -- CTIA Wireless, the U.S. cellphone phone industry's annual trade show that starts Tuesday, is drawing heavy participation not just from the cellphone industry, but from MasterCard, Visa, and other companies in the ...
May 08, 2012 |
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Japan's NEC sees $1.36 billion net loss
Japanese IT firm NEC said Friday it lost $1.36 billion in the year to March as asset write-downs and tax payments hit its bottom line, even as operating profit rose.
Apr 27, 2012 |
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Google dumps publisher payment platform
The One Pass payment platform for Internet news websites was shut down as Google continued house cleaning launched when co-founder Larry Page took charge last year.
Apr 21, 2012 |
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EBay posts higher 1Q net income and revenue
(AP) -- EBay's first-quarter net income grew 20 percent thanks to higher revenue from its PayPal business and brisk sales at its e-commerce websites. The results beat Wall Street's expectations and investors sent the company's ...
Apr 18, 2012 |
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Smartphones wallets going mainstream: survey
Using smartphones or tablets as digital "wallets" will be common within a decade, largely replacing cash and credit cards, according to a Pew Research survey released on Tuesday.
Apr 17, 2012 |
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Pay by phone: More merchants embrace direct mobile billing
Charge it to my phone. It's the shopper's new mantra as wireless carriers increasingly let users tack on charges - racked up at other online stores - to their phone bills.
Apr 06, 2012 |
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Visa, MasterCard scramble after massive data breach
Credit card giants Visa and MasterCard were scrambling on Friday to thwart cyber crooks who looted a massive trove of precious account data, evidently from a payment processor in New York.
Mar 30, 2012 |
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PayPal taps mobile chief Marcus as president
(AP) -- PayPal's mobile unit chief will become the online payments service's next president.
Mar 29, 2012 |
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PayPal to expand in Asia after mobile app launch
PayPal Asia-Pacific chief Rupert Keeley said Friday the US company plans to expand in the region over the next 12 to 18 months, after it launched the region's first payments service for smartphones. ...
Mar 16, 2012 |
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PayPal fattens digital wallet
PayPal on Tuesday pulled out a revamped digital wallet service amid rumors it is poised to introduce a plug-in gizmo that will let small businesses accept credit card payments using smartphones.
Mar 13, 2012 |
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PayPal reverses course on e-book sales ban
PayPal on Tuesday reversed a ban on the use of the online payments service for sales of electronic books portraying rape, incest and bestiality.
Mar 13, 2012 |
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Yahoo! to lay off 'thousands': report
Yahoo! is preparing to lay off thousands of workers in a sweeping restructuring being launched less than three months after CEO Scott Thompson took control, according to a report Monday.
Mar 05, 2012 |
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Mobile industry champions paying with phones
Paying with a mobile phone is gradually become a reality for consumers, with banks, telecommunications operators and Internet players all jumping in to offer payment options.
Mar 04, 2012 |
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Payment
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.
For more information about Payment, read the full article at
Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.
