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ladookhotnikov · 8 months

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Brazil rejects plastic cards

The head of the Brazilian Central Bank has announced that plastic credit and debit cards will be a thing of the past in the foreseeable future. They’re gonna to be replaced by bank apps.

In 2020, the Central Bank of Brazil released the Pix payment system. The system is integrated into banking applications that are installed on smartphones. Smartphones are now used instead of the usual plastic. This method of payment has become the most popular, it has already used by more than 140 million Brazilians and about 13 million companies.

The user-friendliness is obvious - in your smartphone you have everything you need to make payments and manage your finances. In turn, banks do not have to pay high fees to processing companies.

The Brazilian Central Bank is working on an advanced wallet working, including without internet access.

It is interesting how Brazilians implement new technologies. They are ahead of most countries of the world, including the "golden billion" countries.

I must say, this policy is really interesting. Despite the fact that bank apps manage fiat money, the rejection of paper and plastic is a serious step forward. This greatly simplifies the transition from fiat to the crypt.

This surely will happen - I have no doubt about that, just because blockchain is more technological. Of the cons, the Central Bank is likely to release its cryptocurrency, which will allow to establish total control over all expenditures of citizens and businesses. Technological gains can result in restrictions on rights and freedoms. On the other hand, this is just one possible scenario. It is possible that, on the contrary, free circulation of the crypt will be allowed. Everything will depend on political changes, which are impossible to predict now.

#Brazil #Pix #paymentsystem

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manojadvert · 10 months

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You will nowadays find blockchain in the news. We will discuss the steps to create a blockchain-based payment system in this social infographic below.

#BlockchainBuzz #TechInnovation #BlockchainNews #PaymentSystem #BlockchainSteps #CryptoRevolution #InnovationInsights #FintechGuide #BlockchainTech #DigitalPayments

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eedinanews · 1 year

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#PaymentSystem #Twitter

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floraclinton1200 · 1 year

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How does the Healthcare Industry work? This Healthcare Industry primer from Primerli is designed to help professionals learn about the industry in under an hour. This video dives in to the industry, looking at the funding elements and service models behind different healthcare systems across the world. The learning concepts are created by a team of former consultants from McKinsey, BCG and Bain in collaboration with industry veterans with decades of experience. Together, they collaborate with a production team to create highly engaging, entertainment-quality content.

#healthcareindustry #healthcare #paymentsystem #elearningfreecourses

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biglisbonnews · 1 year

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Indians living in ten countries can now make payments through UPI Sending money back home or making merchant payments has now become hassle-free for a whole lot of Indians living abroad. Read more... https://qz.com/indians-living-in-the-us-uk-and-gulf-can-now-use-upi-1849973796

#Mimansa Verma #Quartz #The Blind Machine #MXFL - Economia PT e Global #business2cfinance #bankinginindia #remittance #nationalpaymentscorporationofindia #unifiedpaymentsinterface #mobilepaymentsinindia #nirmalasitharaman #unitedpressinternational #economyofindia #finance #paymentsystem #interbanknetworks #financialservices

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guillaumelauzier · 1 year

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Before Bitcoin

Before Bitcoin, there were several attempts at creating digital currencies, but they were not as successful or widely adopted as Bitcoin. One early example is the digital currency called e-gold, which was launched in 1996 and allowed users to exchange gold-backed digital tokens. e-gold was popular at first, but it eventually faced legal and regulatory challenges, and it is no longer in operation. What was e-gold? E-gold was an electronic payment system that used gold as its medium of exchange. Users could buy, sell, and transfer gold electronically through the e-gold platform, which was backed by physical gold stored in secure vaults. To use e-gold, users first had to open an account and deposit money into it. They could then use their account to make purchases or send money to other e-gold users. E-gold worked by using a decentralized network of servers to track and verify transactions. When a user initiated a transaction, the e-gold system would check their account balance and confirm that they had sufficient funds to complete the transaction. If the transaction was approved, it would be recorded on the e-gold network and the funds would be transferred to the recipient's account. E-gold was popular because it offered fast, cheap, and secure transactions. It was widely used for a variety of purposes, including online gaming, online gambling, and international money transfers. However, e-gold was eventually shut down by the US government in 2009 due to concerns about money laundering and other illegal activities. Another early digital currency was b-money, b-money was an early proposal for a decentralized digital currency and payment system, which was published in 1998 by computer scientist Wei Dai. The b-money proposal was designed to be a decentralized, anonymous, and secure system for making electronic payments, which would be based on cryptographic protocols and peer-to-peer networking. In the b-money system, users would be able to send and receive payments without the need for intermediaries or central authorities. Transactions would be recorded on a decentralized ledger, and the system would be secured by cryptographic techniques. While the b-money proposal was influential and sparked significant interest in the concept of decentralized digital currencies, it was never actually implemented. However, it paved the way for later developments in the field of cryptocurrency, such as Bitcoin, which was released in 2009. Bitcoin, which was created in 2009 by the pseudonymous developer known as Satoshi Nakamoto, was the first decentralized cryptocurrency to gain widespread adoption and has since become the most well-known and influential digital currency. It introduced the concept of blockchain, a decentralized ledger of transactions that is maintained by a network of nodes, and it implemented a proof-of-work consensus algorithm that allows transactions to be securely verified without the need for a central authority. Read the full article

#Bitcoin #blockchain #cryptocurrency #cryptographicprotocols #decentralizednetwork #Digitalcurrency #e-gold #paymentsystem #peer-to-peernetworking

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sktradevibez · 2 years

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Now all Deposit and Withdraw all modes available Paytm,UPI,IMPS,NEFT and Visa We are improving our services every day click visa card option https://grandcapital.org.in/trading/operations_with_money/ #payments_mode #paymentsolution #digitalpayments #payments #stripepayments #paymentsexcepted #paymentsindustry #snowflakepayments #paymentsolutions #contactlesspayments #paymentsecurity #lowpayments #cryptopayments #mobilepayments #cloudpayments #paymentsmadeeasy #paymentsystem #whatsapppayments #coinpayments #bitcoinpayments #upipayments #airtelpaymentsbank #nopayments #onlinepayments #cardpayments #electronicpayments #latepayments #crossborderpayments #globalpayments #billpayments (at Chennai, India) https://www.instagram.com/p/CliUruDhfMH/?igshid=NGJjMDIxMWI=

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isabella123123123 · 2 years

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PayStudio is always here to assist you with any queries that you may have and to provide support while you go through the process of setting up your account.

If you're looking to get started with your merchant account, Contact us today👇 (+44) 0 (800) 887 0291 [email protected] https://paystudio.vip/

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amiraquib · 2 years

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Discover the benefits of PayPound. See how your business can benefit from faster, easier and cost-effective payment solutions.

Get your FOREX MERCHANT ACCOUNT today!

Contact us NOW! +44 800 832 1733 [email protected] https://paypound.ltd/

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investopay · 2 years

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Frustrated with the existing financial operations? We would love to help you boost conversions & increase your sales volume with our easy payment gateway solutions.

#investopay #paymentsolutionprovider #paymentsolutioncompany #paymentsystem #digital payments #fintech #payments ecommerce

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pos-jtact · 2 years

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Russian Mir system to be integrated with Iranian payment system Shetab soon. There are maybe many chances and challenges about payment industry in the future.

#mir #shetab #mirsystem #shetabsystem #paymentsystem #systemintegration

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philip-taylor-paystudio · 2 years

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Searching for a trustworthy and hassle-free onboarding Payment Solution for your High-Risk business?

You are at the right place!

Contact us at: (+44) 0 (800) 887 0291 [email protected] https://paystudio.vip/

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kiss-investments · 2 years

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Best Payment Systems | Methods Of Online Payment For Ecommerce

Here are the best payment systems. These methods of online payment will provide a smooth and safe checkout process for your ecommerce platform

#best payment gateway #best payment solution #bestpayment #payment #payments #payment gateway #paymentsolutions #payment systems #paymentsystem

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eedinanews · 1 year

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ಎಲಾನ್ ಮಸ್ಕ್ ಆಗಮನದ ಬಳಿಕ ಟ್ವಿಟರ್‌ನಲ್ಲಿ ಹಲವಾರು ಬದಲಾವಣೆಗಳಾಗಿದ್ದು, ಇದೀಗ ಟ್ವಿಟರ್‌ನಲ್ಲಿ ಪೇಮೆಂಟ್ ಸಿಸ್ಟಂ ಫೀಚರ್ ತರುವ ನಿಟ್ಟಿನಲ್ಲಿ ಕೆಲಸ ನಡೆಯುತ್ತಿದೆ.

#PaymentSystem #Twitter

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floraclinton1200 · 1 year

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How does the Medical Devices Industry work? This Medical Devices Industry primer from Primerli is designed to help professionals learn about the industry in under an hour. This video introduces the medical devices industry module, discussing the evolution of the highly innovative industry and its role within the overall healthcare ecosystem.

The medical technology industry—often referred to as Medtech—comprises the companies that develop, manufacture, and distribute the technologies, devices, equipment, diagnostic tests, and health information systems that are transforming health care through earlier disease detection, less-invasive procedures, and more.

Medical devices are regarded as a vital component of health-care systems; the benefits they can give continue to grow as they are necessary for the safe and effective prevention, diagnosis, treatment, and rehabilitation of illnesses and diseases

#payments #paymentindustry #globalpaymentsprocessing #elearningfreecourses #paymentsystem

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finfanvn · 1 year

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Top 5 import payment systems often used in the import process in Vietnam

Import payment systems are always the headache problem with many business owners.

Let's find out with FinFan top 5 most used import payment systems in Vietnam!

https://bit.ly/Top5importpaymentsystemsoftenusedintheimportprocessinVietnam

#import paymentsystem paymentprocess Vietnam

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