Sentence examples for competing transaction from inspiring English sources

But such success has invited competition from Citigroup's Citibank, and eBay itself, both of which offer competing transaction methods, and from Mastercard, which has indicated its interest in getting into the business.

That's very different from the early years of the consumer internet, when online labor marketplaces were designed as free-for-alls, with both sides of the market competing for transactions to occur.

If the transaction propagates across the network and no competing (double-spend) transactions are found on any nodes, then we can predict the odds it will eventually make it into a block.

Visa and MasterCard charge merchants eight times the amount per transaction that competing debit cards charge, the suit contends.

"Substantively, this transaction is about competing with cable," said a lawyer, Peter D. Standish of Weil, Gotshal & Manges in New York.

"There are competitors to mutual funds -- like exchange-traded funds -- that are competing on the basis of transaction costs and liquidity," he said.

Critics of the international standards say they allow too much room for competing interpretations of the same transactions.

Debit card transactions that are routed through Visa's or MasterCard's networks typically cost merchants 10 times what transactions routed through competing networks do.

Debit transactions routed through competing networks, which require a personal identification number, or PIN, instead of a signature, cost 14 to 30 cents on a $100 sale.

Members compete to encode transactions; when a solution is found, the block is added to the record of all prior transactions (the "chain"), which is then implemented across the network.

While competing companies could manage millions of transactions, we could manage hundreds of billions of transactions with an infrastructure that could continue to grow.