(Phys.org)—At a cryptography gathering in Leuven, Belgium, on Tuesday, Cambridge University researchers made it known that they do not like what they see in chip and pin systems. Banks rely on customer confidence in their ...
Have you ever been compelled to enter sensitive payment data on the website of an unknown merchant? Would you be willing to consign your credit card data or passwords to untrustworthy hands? Scientists from the University ...
Quantum Physics
Jul 4, 2023
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236
The financial terms of biotechnology licenses from academic institutions are significantly less favorable than those of comparable licenses between commercial firms according to a new study from Bentley University's Center ...
Biotechnology
Mar 31, 2023
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46
Larger bumblebees are more likely to go out foraging in the low light of dawn, new research shows.
Plants & Animals
May 5, 2021
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37
Do you have a monthly car payment, or a similar loan? Is each payment a nice round number, like $300? If so, you are hardly alone. But the appeal of that easy-to-remember payment figure may be costing you money.
Economics & Business
Feb 21, 2020
1
8
Fires ravaging the Amazon rainforests and global climate strikes have highlighted the need for global action to mitigate climate change and conserve forests. Though the situation can seem dire at times, there is good news ...
Environment
Nov 18, 2019
1
216
New research shows that paying communities in Mexico to conserve and manage their jointly-owned property doesn't just benefit the environment—it strengthens social relationships and a sense of community within those areas ...
Environment
Jun 12, 2018
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13
Sweeping policies that reward people in environmentally sensitive areas for returning their farmlands to nature have been lauded as ecological triumphs. But a new Michigan State University study shows that over time some ...
Environment
Mar 21, 2018
0
48
Paying rural villagers to cut down fewer trees boosts conservation not only while the payments are being made but even after they're discontinued, according to a new CU Boulder study involving 1,200 tropical forest users ...
Environment
Mar 14, 2018
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41
Programs in which people pay landholders to support natural systems that provide benefits like flood protection, biodiversity and carbon storage, are expanding around the world, according to a new UCLA-led study.
Environment
Mar 13, 2018
0
591
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
