"We've been talking and executing on our plan but today is a significant milestone for making GrabPay truly a cash replacement".
"We've been talking and executing on our plan but [this] is a significant milestone for making GrabPay truly a cash replacement," Grab co-founder Hooi Ling Tan told TechCrunch in an interview last week.
And in a sense, developing markets like India have even more potential for mobile-based payment services than more mature countries like the U.S., where there is already widespread use of cards for payments: there isn't a useful and easy cash replacement service in use already that Tez is trying to disrupt.
Square to date has already introduced a number of services aimed at small business owners, including a cash-advance business called Square Capital, iPad-based cash register replacements, inventory, ordering, appointment-setting and invoicing software, sales reporting software, online stores, and more.
from an undistributed cash surplus, a replacement or depreciation cash fund or reserve, or new capital.
The remainder of the net capital project cost shall be provided from an undistributed cash surplus, a replacement or depreciation cash fund or reserve, or new capital.
The remainder of the net capital cost attributable to the public transportation costs of a project under this subsection shall be provided from an undistributed cash surplus, a replacement or depreciation cash fund or reserve, or new capital.
(It seems likely that Karzai is hoping that Putin can be a source of replacement cash, a process that has already begun).
Mr. Mackoul explained that while two basic types of insurance coverage are available - actual cash value and replacement cost coverage - several levels of coverage are currently being offered.
If you cannot answer with some degree of confidence, how about this one: What kind of coverage do you have on your house and its contents -- actual cash value or replacement cost?
