Sentence examples for payment business from inspiring English sources

The payment business is in a period of rapid change.

Perhaps the bitterest conflict began in 2010, when Alibaba decided to spin off Alipay, its online payment business.

EBay's future growth will continue to depend on the success of PayPal, and particularly its new mobile payment business.

There has already been controversy over the 2011 sale of Alibaba's payment business, Alipay, to a company controlled by Ma.

A different kind of endorsement has come in the form of large corporations joining the mobile payment business.

China Mobile agreed to buy 20 percent of Shanghai Pudong Development Bank for 39.8 billion renminbi ($5.8 billion) to expand its electronic payment business.

Spurred by the success of its original offerings, the service has expanded to include bill payment, business-to-customer payments such as paychecks and microfinance loan disbursements, delivery of humanitarian aid, and international money transfers.

Payment businesses like PayPal and e-commerce businesses like Amazon have low margins, so they require very high volumes.

Due to the slow pace of payment, businesses often have to use invoice financing products to ensure their cashflow doesn't dry up.

But it was placed under separate ownership in 2011 to meet new regulations from Beijing relating to the licensing of payment businesses.

The suit claims that they misappropriated trade secrets from PayPal's mobile-payment business.