Real Time Payment A Rapid And Beneficial Payment Solutions

Posted on by Admin

In the world of the payment industry, real-time payment as an instant payment has got a solid foothold. This payment system is getting momentum due to the introduction of new schemes. Advancement in technology is bringing advancement in the real-time payment system.

It is beneficial for almost everyone whether it is a businessman, organization, or an individual who is paying a restaurant bill. Real-time payment is accompanied by many advantages like a quicker, safe, and secure method of payment. It ensures better cash management. Hopefully, real-time payment will revolutionize the payment landscape.

What do we understand by real-time payment?

Real-time is a technology-based system of making payments. It allows immediate transfer of money between banks and the banking system. It is a convenient and faster means of transferring funds. Earlier for the access of the transferred money or fund, at least one business day was required. But the introduction of real-time payment made it possible just in a matter of minutes.

How does real-time payment work?

Thereal-time payment systemis an instant process of transferring funds. It is a 24*7 facility that can be used by anyone at any time. Channels like smartphones, digital wallets, tablets, and the web are some of the common channels. This fund transfer can be initiated through any of these channels. A real-time payment request when made, account to account payment fund can be transferred.

Benefits of real-time payment

  • Real-time payment reduces the fraud risk.
  • It improves the relationship between customers and merchants.
  • There is a minimal cost of payment in a real-time payment system.
  • Customers get high-value services.
  • It facilitates the immediate and faster transfer of funds.
  • Payments can be made 24*7 anytime anyone by anyone.
  • One can get the status of payment and confirmation via message immediately, just with one click.

Three types of payment done by real-time payment methodP2B

Person to business is the common type of payment done by using the real-time payment system. P2B is basically monetary transactions made between customers and businesses. It comprises every non-payroll payment issued to a person to a company. These payments include insurance claims, healthcare reimbursement, loan disbursement, and legal settlement.

P2P

Person to person is a type of online and real-time payment method. In this, customers can transfer money from their account to another person’s account using the internet. Nowadays people find it more convenient to pay bills using real-time payment.

B2B

Business to business payments are the transactions done between one and more merchants. It includes the exchange of currency for goods between businesses. Real-time payment helps businesses to handle all types of transactions.

Who can be the end-users of real-time payment?

The real-time payment system is beneficial for financial institutions, consumers, merchants, and many others. It allows better cash management. Businesses and retail & E-commerce can manage day-to-day operations and raise funds. Various other sectors like BFSI, IT & telecom, travel & tourism, government, healthcare, energy & utility also find this real-time payment helpful. This payment system has a positive impact on their sales and cash flow.

Real-time payment can be deployed from

Cloud: nowadays the cloud-based real-time payment is in demand. This is mainly due to increasing mobile-based payments across the globe. Retailers, as well as customers, prefer to opt for cloud-based real-time payment due to its convenience to use the feature.

On-premise: businesses all over the globe are ready to adopt on-premise real-time payment solutions. Using this type of deployment method, merchants ensure a safe payment system for their customers.

Reasons why real-time payment is gaining attentionTechnological advancement

From past few decades, various technological advancement has been done. Increased adoption of smartphones in both developing countries and developed economies. Person-to-person payment popped up on daily basis, due to the increasing use of social media platforms. So rapid advancement in technology is leading to increased demand for real-time payment.

Higher expectations of consumers and merchants

Both merchants and consumers want to have an authenticated and fraud-free payment system. Merchants wish to give an increment value to their customers. Small and average businesses need to have a better cash management system. Consumers nowadays expect almost everything in a real-time payment system. They want fewer click to pay bills or transfer money directly to account.

New business models

It is a history that the financial industry can only control the world of payments. As new startups and partnership are in trend which has started introducing newer and better options of payment. Various mobile payment apps have been introduced with advanced features.

The bottom line

The real-time payment Market has been witnessing rapid growth due to increasing preference for instant and secure payment by businesses. Real-time payment is a technology-based payment method. There are three basic types of payments done by using this technology that are P2P, P2B, and B2B.

People find it more advantageous to make out transactions using real-time payments. That is why its adoption is in demand.

Wikinews interviews Mark Bunker, producer of anti-Scientology website ‘XenuTV’

Posted on by Admin

Monday, February 18, 2008

Television producer and owner of the anti-Scientology website www.xenutv.com (XenuTV), Mark Bunker, also known as Wise Beard Man, chatted online with Wikinews for nearly three hours. More than 120 people followed the interview live (many from Project Chanology), which makes this exclusive Wikinews interview our most attended IRC interview to date.

Bunker started XenuTV in 1999 and began to make videos that he provided for the Lisa McPherson Trust. Bunker has been a critic of the Church of Scientology since 1997.

In 2006, he won a Regional Emmy Award after he and KUSI-TV news reporter Lena Lewis produced a documentary news video on the issues with the United States – Mexico border with San Diego, California.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_Mark_Bunker,_producer_of_anti-Scientology_website_%27XenuTV%27&oldid=4567680”

Liz Truss becomes Prime Minister of the United Kingdom

Posted on by Admin

Tuesday, September 6, 2022

Liz Truss in November 2021 Image: FCDO.

Tuesday, Mary Elizabeth “Liz” Truss became the new Prime Minister of the United Kingdom, succeeding Boris Johnson. On Monday, the Conservative Party elected her as its new leader.

Truss met with Queen Elizabeth II Tuesday at Balmoral Castle, the Queen’s summer residence in Scotland, where she proposed forming a new government and the Queen accepted. Prior to this, Johnson also met with the Queen and tendered his official resignation.

Truss, who was Foreign Secretary until today, defeated former Chancellor of the Exchequer Rishi Sunak yesterday in a vote among party members by a margin of 81,326 to 60,399 and became the leader of the party. Johnson’s successor had been in question since he announced his resignation in July amid pressure from high-profile scandals.

The United Kingdom is facing surging food and energy costs contributing to an inflation rate forecast to hit 13% in October, the highest in 42 years. Besides the economy, the war in Ukraine and tensions with the European Union are seen as challenges for Truss when she takes office, according to Reuters and Associated Press.

After the party vote, Truss said, “I will deliver a bold plan to cut taxes and grow our economy. I will deliver on the energy crisis, dealing with people’s energy bills, but also dealing with the long term issues we have on energy supply.” In further comments, she also told the party: “I know that our beliefs resonate with the British people: Our beliefs in freedom, in the ability to control your own life, in low taxes, in personal responsibility. I know that’s why people voted for us in such numbers in 2019 and as your party leader I intend to deliver what we promised those voters right across our great country.”

In a brief message on Twitter, Sunak wrote: “It’s right we now unite behind the new PM, Liz Truss, as she steers the country through difficult times.”

Johnson also expressed support for Truss on Twitter, writing: “I know she has the right plan to tackle the cost of living crisis, unite our party and continue the great work of uniting and levelling up our country. Now is the time for all Conservatives to get behind her 100 percent.”

The opposition Labour Party leader Keir Starmer was critical of Truss’ proposed tax cuts and reductions in levies. “We’ve heard far more from the latest prime minister about cuts to corporation taxes over the summer, than we have about the cost-of-living crisis,” she said.

Retrieved from “https://en.wikinews.org/w/index.php?title=Liz_Truss_becomes_Prime_Minister_of_the_United_Kingdom&oldid=4704922”

On the campaign trail in the USA, October 2020

Posted on by Admin

Monday, November 2, 2020

The following is the sixth and final edition of a monthly series chronicling the 2020 United States presidential election. It features original material compiled throughout the previous month after an overview of the month’s biggest stories.

This month’s spotlight on the campaign trail: the Free and Equal Elections Foundation holds two presidential debates, three candidates who did not participate in those debates give their final pleas to voters, and three political pundits give their predictions on the outcome of the election.

Retrieved from “https://en.wikinews.org/w/index.php?title=On_the_campaign_trail_in_the_USA,_October_2020&oldid=4650213”

Arizona Real Estate Agent Selection}

Posted on by Admin

Arizona Real Estate Agent Selection

by

Nick McConnellIt is of paramount importance to choose a Real Estate firm that represents your best interests. That is a Real Estate agents primary function, to make sure your best interests are number one. When choosing an agent, it is important to make sure that you have all of the information needed to make an informed decision. That is the sole purpose of this article, to help you find the best agent possible. This is not an advertisement, it is a tool to inform the public on what to look for in a Real Estate agent so that your best interests are represented efficiently.When choosing a Real Estate agent, it is important to know their area of expertise. Some agents have more knowledge about a certain area because they have more experience in the area, and they may live in the area. Would you rather have an agent that has worked in the area all their life, or an agent that just moved here from another state? Ask your agent how well they know they area, and how long they have worked in the area.Experience and education may be the most important factors when choosing your Real Estate agent. Would you want an agent that has done one transaction that is a high school drop out, or an agent that has done two hundred transactions with a college degree? It might be a good idea to ask your agent for qualifications. A good agent knows the contracts backwards and forward, can answer all of your questions regarding the Arizona Real Estate Purchase Contract, and can tell you exactly what steps to take in order to get the transaction completed in your best interest. A Real Estate Purchase Contract can be twisted and turned by adding or removing language. If your contract is getting modified, it may be a good idea to have an agent that can explain the modifications to you so that everyone is on the same page.A good agent always answers their cellular phone, and has it with them at all times. If it is nine o’clock at night, and a buyer or seller has a question, a good agent will answer the call. Some agents turn their phone off at five in the afternoon, and turn it on at nine the next morning. Most people that are purchasing a home work, so the only time they can communicate with their agent is before or after work.When speaking with your potential Real Estate professional, it may be important to see how well they communicate. A Real Estate agent has to communicate with so many different people during a Real Estate contract such as the title company, the client, the lender, the insurance agent, the inspectors, the agent representing the other side of the transaction, processors, appraisers, and brokers just to name a few. If an agent is not extremely organized, and have good communications skills, there may be a problem. If an agent does not return phone calls, emails, or respond in a timely manner to your requests, this may be an indication that they lack the communication skills needed to represent your best interests.Make sure when you choose a Real Estate agent to help you buy or sell a home, that you are choosing the best one for you. Ask to see some proof of qualifications such as diplomas, letters of appreciation, and awards. It may even be a good idea to contact some of the people in the letters of appreciation from past clients to make sure you are putting one of the biggest investments of your entire life in the right hands. An aggressive Real Estate agent that knows what they are doing can possibly save you more money than you think. The market conditions will determine the aggressiveness of a contract, so it is extremely pertinent that your Realtor knows what is happening around them.Coldwell Banker strives to make sure your transaction runs smoothly. They have an entire division that helps all Coldwell Banker clients transfer all of your utility services so that the client doesn’t have to worry about the little things when moving. This division is called Concierge. An entire division that does nothing but help people, a service that is free to all Coldwell Banker clients. Scottsdale, Arizona Coldwell Banker Residential Brokerage wants to be your number one choice. However, if we are not your choice, at least you know what to look for when scouting for a good agent to represent you.

Nick McConnell

Executive Sales Associate for Coldwell Banker Residential Brokerage in Scottsdale, Arizona. Lived in Arizona all his life, Graduated from Northern Arizona State University and has been a Realtor ever since.Scottsdale, Arizona Coldwell Banker Real Estate Agent

Article Source:

eArticlesOnline.com

[youtube]http://www.youtube.com/watch?v=yMFqleJ8UFE[/youtube]

}

Greek police arrest more than 60 people for gold smuggling

Posted on by Admin

Saturday, December 1, 2018

On Wednesday, Greek police announced they arrested 63 people for gold smuggling. According to a report from Associated Press (AP), police seized cash, gold bars, and other items, totaling about two million euros (roughly 2.3 million US dollars).

Police said on Friday the police operation, started on Tuesday, involved 50 homes and 30 stores. Police accused the suspects of buying stolen gold from foreigners who allegedly robbed homes.

Police said the scheme had involved at least two collaborating criminal networks over two years or longer. The suspects had allegedly been melting the gold items and exporting the gold to Turkey using tour buses to avoid taxes, and to Germany. The gold was allegedly smuggled through a number of pawn shops, according to AP.

Press reported pawn shops have multiplied in Greece in the financial crisis ongoing there since 2010, which reportedly has caused people to buy an increased amount of gold and silver to store their assets.

Retrieved from “https://en.wikinews.org/w/index.php?title=Greek_police_arrest_more_than_60_people_for_gold_smuggling&oldid=4454998”

California releases search warrant for Wells Fargo bank on identity theft

Posted on by Admin

Saturday, October 22, 2016

The California Department of Justice on Wednesday released the warrant and affidavit of a criminal investigation of the Wells Fargo bank. The State of California served the warrant on October 5 to search the San Francisco headquarters of Wells Fargo for felonious activities related to identity theft.

File photo of Wells Fargo’s corporate headquarters in San Francisco, 2007. Image: Laimerpramer.

The warrant said property to be seized at the bank’s San Francisco headquarters was related to the unauthorized creation of accounts by Wells Fargo employees including the names of individuals for the accounts; account information and fees; the names of employees and their managers who created accounts without the consent of the Wells Fargo customers in question; and all communications including emails referencing the unauthorised accounts.

California Attorney General Kamala Harris’s criminal probe is part of an increasing list of officials nationwide questioning the business practices of Wells Fargo such as California State Treasurer John Chiang who announced a one-year suspension of State investment with the bank on September 28; Illinois State Treasurer Mike Frerichs followed suit with a year-long ban on October 3; and Democratic United States Senators Bob Menendez of New Jersey, Jeff Merkley of Oregon, and Elizabeth Warren of Massachusetts, who wrote to the U.S. Security Exchanges Commission (SEC) suggesting investigation on September 29.

Retrieved from “https://en.wikinews.org/w/index.php?title=California_releases_search_warrant_for_Wells_Fargo_bank_on_identity_theft&oldid=4715509”

How To Find Low Cost Home, Auto, And Other Insurance Coverage In Quebec And Montreal

Posted on by Admin

By Adriana J Noton

When one is looking to find car or home insurance in Canada, one has a great many options to choose from. So, whether one lives in Quebec or Montreal, often good deals can be found. This is especially true for homeowners and drivers who have no marks against a license or recent property claims. Whereas, depending on circumstances, both premiums can be much higher if one does have any such record in relation to driving or home ownership.

In addition, when it comes to both Quebec and Montreal, there are a number of insurance providers which can assist one with a variety of products and services. As such, one may want to locate the nearest local agent, as often such agents can be quite helpful on an ongoing basis. So, whether one is looking for insurance for the home, an automobile or other needs, the first place to look may be online.

For, there are a great many agencies which now host websites, some including premium calculators which help one figure estimates on such payments. One can then find the agent closest to the area in which one lives to discover more information about the availability and cost of such coverage. As such, while there may be different agents, there also may be some agencies which offer lower premiums than others. So, in order to get the best premiums on such insurance, one may want review a variety of local agency websites to determine which one might work best for current insurance needs.

[youtube]http://www.youtube.com/watch?v=Sa2zS68VvGQ[/youtube]

As such, doing an online search can allow one the ability to discuss such insurance with as many agents as possible until one feels comfortable with the agency, agent and premiums such companies offer. Of course, such changes in premiums may be based on a variety of circumstance. Such as how old a driver may be when it comes to auto insurance, the value of a home and contents and whether or not one carries any other insurance with the company such as life or health.

In addition, many agencies in Canada offer online quotes based on zip code alone, so if one is interested in finding out what such insurance may cost, one can simply find a local agent who offers such services online. As often all one needs to do to determine the cost of such premiums is to enter a zip code into an online form and press a Submit key. Still, one may want discuss such coverage with an agent for there may or may not be special conditions or items specific to one area in which certain coverage is not possible.

However, if one knows the exact make and model of a vehicle, the license numbers and ages of all drivers then most often one can get a quote that is close to accurate for such a premium. Whereas, when it comes to insurance for the home, one often needs to know the square footage and value of contents of the structure as well as contents in order to apply for such a policy. As such, estimates related to coverage for the home can often vary a great deal more than automobile estimates.

In addition, if one installs bolt locks, fire alarms, security doors, smoke detectors or other theft deterrents, one can often get a discount based on the increased safety of the home. Although, depending on the credit rating of an individual, one may be required to pay such premiums on an annual or semi-annual basis. However, those with good credit ratings can often pay for such coverage monthly. As for automobile rates, while many agencies offer incentives for good drivers, it is often the age of the driver and previous driving history which such rates are based on when applying for such coverage.

To this end, whether one is purchasing auto or home insurance in Montreal or Quebec, often one can find a good deal on both. In order to do so, one simply needs to type Montreal or Quebec insurance into any search engine and read through the display results to find a local agent. Of course, while some insurance quotes can be obtained through a variety of agency online forms, one may want to calculate estimated premiums on the chosen agency website before visiting with an agent.

About the Author: With over 50 years of experience, this firm provides complete home and Assurance Automobile solutions to consumers. Shop, compare, request a quote and buy your assurance voiture policy online. Fast, easy and reliable, find the car insurance policy that will meet your needs!

Source: isnare.com

Permanent Link: isnare.com/?aid=588476&ca=Automotive

Japanese H-IIA rocket launches satellite into orbit

Posted on by Admin

Saturday, February 18, 2006

The Japan Aerospace Exploration Agency has successfully launched another of their H-IIA space rockets. Its payload, the MTSAT-2 satellite designed to control air traffic and track weather patterns, has successfully separated from the rocket. It is due to be inserted into a geostationary orbit on the 21st of February.

The satellite is owned by the Civil Aviation Bureau and the Japan Meteorological Agency, part of the Ministry of Land, Infrastructure and Transport.

The rocket was launched from the Tanegashima space centre in the southern region of Kagoshima, at 15:55 (06:55 GMT). It is the ninth in a series of H-IIA rockets, which form the main part of the Japanese space program. A previous H-IIA rocket was launched less than a month ago.

Retrieved from “https://en.wikinews.org/w/index.php?title=Japanese_H-IIA_rocket_launches_satellite_into_orbit&oldid=1985688”