Sentence examples for retail payment system from inspiring English sources
Not only would such savings make our retail payment system more fair, but it would represent a significant economic stimulus at a time when consumers are just starting to spend again.
Most of these businesses are in Kenya and Tanzania riding on the underlying success of mobile money in these two countries, and most of them are in the energy and water sectors, which lend themselves to the form of micro-asset-based finance that a ubiquitous electronic retail payment system has made viable.
The US lags behind much of the world in its adoption of secure retail payment systems and mobile payments.
As such, this gives rise to a sudden increase in implementations of interbank real-time retail payment systems over the last decade.
Low-cost, digital retail payment systems also make the execution of other government social policies such as payment transfers for public health or education purposes cheaper and more targeted.
A set of emerging businesses that leverage the existence of a ubiquitous, electronic retail payments system is particularly exciting because they link financial innovation more directly to tangible benefits.
Amazon, the online retail giant, unveiled a new payment system for mobile phones.
The purpose of this writing is to help the reader gain an insight into how real-time payment systems fit within the interbank retail payment landscape as well as the complexities and challenges in their implementations and design.
These include the Merchant Payment system solution (for the retail payment business) and the EcoCash $ave and the EcoCash Credit services (aimed at bringing micro-savings into the formal financial system).
Electronic retailing is in its infancy, thanks to an unwieldy government-controlled payment system, so most shopping is still done in person.
Then they decided to apply their authentication technology to a mobile credit card payment system that would provide the same experience across different operating systems and retail channels.
