Payment

Last Friday the Costa Rica based payment processor “Liberty Reserve” has been shut down as a result of a joint investigation of the United States and Costa Rica. Liberty Reserve…

Bitcoin is making considerable progress in Eastern Europe, with the latest example of its development coming out of Ukraine.The largest bank in this country, PrivatBank, has currently opened the option…

It sounds like Science-Fiction, but Juan Jose Tara Ortiz, an embedded system engineer, and Patric Lanhed, a developer at DigitasLBi in Sweden, have performed the world’s first verified bio- payment…

On April 2015, OneBit, a startup announced that it was developing a bitcoin wallet app that will allow the users to pay at any store with contactless mobile payments via…

ISG Accepts Bitcoin as Payment for 3D PrintersCanadian company ISG has released a new model of 3D printer and now takes payments for the 3D printers in bitcoin. It is…

One big retailer is about the conquer the next Bitcoin frontier.Since the beginning of the year, a number of well-known retailers, including Overstock, Expedia and Dell, have started accepting Bitcoin…

PayFast, a leading South African payment processor, on Thursday started offering the digital currency bitcoin as a payment option, making it available to the firm’s 30,000 merchant customers. It becomes…

The implementation of B2B e-commerce is expected to Result in a reduction of the transaction costs that are incurred by firms, thereby lowering barriers to their participation in international trade….

Very important long-term technical changes are beginning to affect the payment systems, especially the continuing decline in computing costs and the physical size of powerful computer chips, along with the…

We have four electronic commerce (e-commerce) categories. The first category Is Business-to-consumer () electronic commerce Involves businesses selling goods or services to consumers. . COM, Sears. COM and . COM…

The new policy by Central Bank of Nigeria (CB) on cashless system of payment has raised a lot of concern to the growth of Nigerian economy, with the objective of…

This type of payment takes a great deal of time to go through. In the case of product purchase the same method would be used, the customer would pay the…

Failure to do so will invalidate your payment. . Pay in CASH only. Excess payment is forfeited. Payments less than the amount due will be invalidated. LBS will not accept…

There are three major categories of e-commerce; they include Business-to-consumer (BBC), Business-to-business (BIB) and Consumer-to-consumer (ICC). Business to consumer is selling of goods to individuals from a business but not…

There are three types of e-commerce categories. The categories are business-to- customer (BBC), business-to-business (BIB), and Consumer-to-consumer (ICC). The Business-to-customer category involves products and serves to individuals. Business- to-business category…

The introduction of the modern technology, which is known as the computer modern era, has brought a lot of positive changes in the field of electronic commerce. Transaction can now…

Q: Name six advantages and six disadvantages of using cash as a form of payment A: Six advantages of using cash as a form of payment include: cash is the…

Automated Clearing House payment system is a nationwide mechanism that electronically processes originated batches of high-volume, low-value credit and debit transfers.  For transmission during a predetermined time period, ACH transactions…