Sentence examples for more efficient payment from inspiring English sources

The act also lays the groundwork for a more efficient payment system.

Ben Bernanke, the former chairman of the Federal Reserve, believes bitcoin "may hold long-term promise" as a "faster, more secure and more efficient payment system".

Last year, outgoing Federal Reserve chairman Ben Bernanke told Congress that bitcoin and its ilk "may hold long-term promise, particularly if the innovations promote a faster, more secure and more efficient payment system".

While Bernanke highlighted that virtual currencies could lead to a "more secure and more efficient payment system", he also warned that the Fed does not have the authority to supervise or regulate the use of Bitcoin-like currencies, which have come under fire over allegations of money laundering and illicit payments.

In a letter written ahead of the congressional hearings US Federal Reserve chairman Ben Bernanke states that although the Federal Reserve "does not necessarily have authority to directly supervise or regulate" virtual currencies, such innovations may hold "long-term promise, particularly if the innovations promote a faster, more secure and more efficient payment system".

They will continue to offer better financial products to consumers, empower more efficient payment channels and create a more open financial system.

It's also being used by some ad networks to make faster and more efficient payments to their publishers.

This payment system for studies in developing countries is significantly more efficient than payment on percent salary effort or monthly basis as is the case in the United States.

The cash culture, and general fear and difficulty to use credit cards, is holding back the revolutionary forces of more efficient, scalable payment systems.

Obviously, there is a need for a more efficient patient payment policy.

There is certainly nothing wrong with any nation setting up more efficient, blockchain-based payment systems.