About

Thing
A payment is the voluntary tender of money or its equivalent or of things of value by one party to another in exchange for goods, or services provided by them, or to fulfill a legal obligation.
Payment
Definition
A payment is the voluntary tender of money or its equivalent or of things of value by one party to another in exchange for goods, or services provided by them, or to fulfill a legal obligation.
Payment
Payment
A payment is the voluntary tender of money or its equivalent or of things of value by one party to another in exchange for goods, or services provided by them, or to fulfill a legal obligation.

Pronunciation

English

Payment

Payment
SpellingPayment
Pronunciation[Payment]

Mentions

The deal underscores two big themes in fintech, and specifically payments. The first is that the shift in payments and spending habits to more digital platforms has meant an increasing amount of fragmentation in the payments space, with each player getting a cut of the transaction: this means that a company doing business in this area needs economy of scale in order to make decent returns. The deal will give both companies a lot more economy of scale.

Paystand, a platform using blockchain technology to automate commercial payments, has raised $20 million in Series B funding.

Blockchain payments provider BitPay is now taking its service into bricks-and-mortar stores.

In a statement, Vocus says it "apologises unreservedly for its mistake." The company says it moved to immediately refund affected customers after the problem was brought to its attention, but anyone who want to check if they are due a payment can email refunds@vocusgroup.co.nz.

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