Sentence examples for payments area from inspiring English sources

Europe's bankers have had four years to develop a European payments area on their own and they had better produce something soon, he said in Luxembourg.

Crossborder consolidation among banks has accelerated; the share of equities held in other euro area countries has doubled to 40%; and the single euro payments area (SEPA) is set to eliminate differences between national and crossborder retail payments.

By 2008 a proposed single euro payments area is supposed to allow credit transfers, direct debits and card payment services across the euro zone at a standard domestic price.

Google Wallet and PayPal are staking a claim in the mobile payments area, as are banks like JPMorgan Chase, Bank of America and Wells Fargo, in offering person-to-person payments.

In his view (admittedly, his research was commissioned by Vodafone) the prospect of a bank-dominated Single Euro Payments Area, over which there has been much foot-dragging, may have dissuaded mobile-phone companies and other non-banks from innovating in the payments arena.

"We think PayPal has significant competitive advantages in the payments area, with over 105 million registered users," the analyst said.

"Levittown has always been a low down-payment area," Dallow explained.

Rather oddly, this is the one payment area which Andrews is ruling out being considered in the review chaired by Patrick McClure.

Single Euro Payment Area.

The EU had recently established the Single Euro Payment Area (SEPA) that integrated all Euro electronic payment systems.

However, numerous digital payment solutions, which rely on new disruptive technologies, are emerging on the payment market, transforming the payment area from being established into a state of flux.