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 |
2.3 / 5 (3) |
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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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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 |
5 / 5 (1) |
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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 |
5 / 5 (1) |
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Verizon Wireless to charge $2 for one-time payment (Update)
Verizon Wireless, the country's largest cellphone company, said Thursday that it will start charging $2 for every payment subscribers make over the phone or online with their credit cards.
Dec 29, 2011 |
4 / 5 (2) |
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Small businesses turn to Square for credit transactions
Cabbie David Mendoza reached for his iPhone and plugged in a spiffy Square Reader to process a ride's fare.
Dec 06, 2011 |
3 / 5 (2) |
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Google opening smartphone wallets (Update)
Google opened its smartphone wallet to the public on Monday.
Sep 19, 2011 |
5 / 5 (2) |
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US gets chance to catch up on credit card security
The next time you swipe your credit card at check-out, consider this: It's a ritual the rest of the world deems outdated and unsafe.
Sep 09, 2011 |
4.2 / 5 (12) |
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Mobile payments first step in merging phones, keys, wallets into one device
You're in the checkout line ready to pay for the items in your shopping cart.
Aug 15, 2011 |
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PayPal letting Google phones swap cash
Online financial transactions giant PayPal on Wednesday showed off a mini-program that lets people exchange money by touching together a pair of Google smartphones.
Jul 13, 2011 |
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eBay buying Zong for $240 million
PayPal owner eBay said Thursday that it has agreed to buy mobile payments provider Zong for $240 million in cash.
Jul 07, 2011 |
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Nokia says Apple to pay royalties, ending patent disputes
The world's leading mobile phone maker Nokia said Tuesday its competitor Apple had agreed to pay royalties for using Nokia technology in its devices, ending all of their ongoing patent disputes.
Jun 14, 2011 |
5 / 5 (1) |
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Google gets into local bargain game with Offers
Google on Wednesday will begin testing an Offers service that delivers local bargains to smartphone "wallets" in a challenge to online bargain hot spot Groupon.
Jun 01, 2011 |
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Google unveils smartphone pay service, PayPal sues
Google Inc. hopes to nudge consumers and merchants into a world where the smartphone has replaced the wallet as the container for credit cards, coupons and receipts.
May 27, 2011 |
5 / 5 (2) |
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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.
