Payments Tag

Today – May 18, 2021. China banned financial institutions and payment service providers from offering any services related to cryptocurrency transactions.  This is China’s latest attempt to curb the digital trading market.  According to Reuters, “Under the ban, such institutions, including banks and online payments channels, must...

BitCoin is a decentralized digital currency that can be exchanged for goods and services in lieu of traditional payment options like credit cards, bank-to-bank transfers and cash. BitCoin is based on unique cryptographically signed blocks called BitCoins that can be traded between parties like currency.  By...

  For those who are unfamiliar with the term NFC (Near Field Communication) is a standards-based wireless communication technology that allows data to be transferred between devices from only a few centimeters apart (ie. mobile phone to terminal). NFC is the next step from in migrating contactless...