1. Buying on credit involves purchasing something with the promise to pay in the future.
2. Key players in credit card transactions include the cardholder, merchant, acquiring bank (merchant's bank), issuing bank (cardholder's bank), and card associations like Visa and Mastercard.
3. An acquiring bank contracts with merchants to enable credit card acceptance, while an issuing bank issues cards to consumers and is repaid by cardholders. Card associations govern the system and process transactions.
This slide deck examines new product releases from credit card carriers in our Credit Card Monitor coverage group. Inside, we provide an overview of the new credit cards introduced on the firms’ websites over the course of 2015 and highlight their key features.
Morpay is the most trusted reseller of AstroPay card and their website is globally recognized. You can avail your card by paying fees in your local currencies: https://bit.ly/2S0xktI
This slide deck examines new product releases from credit card carriers in our Credit Card Monitor coverage group. Inside, we provide an overview of the new credit cards introduced on the firms’ websites over the course of 2015 and highlight their key features.
Morpay is the most trusted reseller of AstroPay card and their website is globally recognized. You can avail your card by paying fees in your local currencies: https://bit.ly/2S0xktI
This presentation covers the credit card business and highlights the many different types of credit cards available, how credit cards are processed and the major credit card issuers.
This presentation covers the credit card business and highlights the many different types of credit cards available, how credit cards are processed and the major credit card issuers.
Everything You Need to Know About Taking PlasticBusiness.com
Consumers are so used to the convenience of credit and debit cards that it's no longer an option for a merchant to take plastic -- it's a necessity. Consumers expect to be able to use plastic to pay for everything, even small items. From their point of view, that's the end of the transaction but it's a whole different story for the merchant.
From credit card readers to securing the networks to transmitting information to the bank, there are multiple steps that must happen before the money is finally deposited into the merchant's account.
Navigating Payment Processing | Jay WigdoreJayWigdore
A merchant account is a business account with a bank that allows an organization to accept credit card payments for donations or other products/services.
eWallets
Easy and secure to use, this
is quickly growing payment
method becoming
increasingly popular across
all sectors. Consumers can
either use stored value or
take funds from a payment
type linked to their eWallet,
giving them choice and
convenience.
eInvoices
When using eInvoices,
consumers can pay for
goods after delivery,
without sharing credit card
or bank details.
It can be as simple as
entering their email
address and postcode to
make a payment.
Online Payment Services and the Role of BanksPaymentAsia
Payment service providers represent an essential link in the global financial chain. However, most consumers never give them a second thought. Payment service providers connect merchants to the broader financial system so that they can accept debit and credit card payments from their customers.
The presentation provides an basic overview on the payment card industry from history to future technology adoption. Work in progress for in-depth presentation.
Payments terms can be extremely confusing even for the most advanced merchant. At Payfirma our mission is to equip all our customers with as much information as possible to make smarter business decisions. That starts with learning payments terms.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
3. : The fee you pay per year in order to keep your
credit card. Some have no annual fee, while others carry high
fees.
The percentage charged every
year on top of any outstanding payments (amounts left to pay
after the due date).
cash back or travel rewards.
The amount owed on the card.
The smallest amount you can pay toward
your credit balance.
3
4. : An asset of value that lenders can take from you if
you don’t repay the loan as promised.
: Lenders will want to know if you have items they can
sell to repay the loan.
: A pattern of rising income and steady employment
gives lenders more confidence in offering you credit.
: Are you trustworthy? They measure that by looking
at your credit record-paying bills on time shows them that you
are responsible with your finances.
4
6. : The creditor’s evaluation of a person’s
willingness and ability to pay debts.
: A history or record of a person’s financial and
credit practices.
: Numerical expression of a person’s credit
worthiness (based on credit report).
6
9. 9
• There's a credit system much like the credit
scoring system in the US.
• 3 major credit agencies, Equifax, Experian,
and Callcredit (Noddle).
• But the system has its differences, too: Getting
on the electoral register to vote (or explaining
why you're not eligible to) can help you
improve your credit in the country
10. • Japan doesn't have an official credit scoring system.
• Credit in Japan is usually between the consumer
and the bank, and is based on factors like length of
employment and salary.
10
11. Its main credit agency is SCHUFA, a private
company that operates like the credit data brokers
in the US, tracking open accounts, unpaid bills,
loans, and fines.
11
12. In China not paying a debt will hurt your score, but
so can infractions like a poor driving record or
smoking in a non-smoking zone. A low score can
keep a person from getting into good schools,
buying plane and train tickets, and even affects who
they match with on online dating sites.
•
12
14. 2. Marketing will likely
be getting more
personalized
14
1. Card companies might
have to offer more
personal finance
management tools to
compete
The waste on ad spend for
irrelevant audiences is
slimming down, particularly
in businesses that have high
marketing budgets like credit
card companies.
15. 4. Marketing might
expand to more subprime
customers
3. Direct-mail offers for
cards might decline
15
Using more digital marketing
and making the user interface
as easy as possible.
16. 16
5. Affiliate and third-
party Referral
marketing could ramp
up
Because consumers are likely to
attach to a credit card provider by
incentivization from brand discounts
and points at major online and local
retailers, affiliate marketing and
collaborative partnerships are the
ways to go.
17. 17
6. Long-term benefits
are becoming a higher
priority
• Long-term rewards that put
consumers in a better position to
achieve their financial goals
should be the first priority when
choosing a credit card, whether
the goal is building up savings,
traveling, budgeting or anything
else.
• Flexible rewards (the ability of
consumers to choose what kinds
of rewards they receive)
• Bonus rewards for e-commerce
• Bonus rewards for shopping
locally
19. 19
Company
Name
Intro
(Purchases)
Intro
(Transfers)
Regular APR
Annual
Fee
Credit Needed
VISA
0% Intro APR
on Purchases 15
months
N/A
14.99 - 23.74%
Variable
$0 Good/Excellent
Mastercard N/A
0% for 18
months
13.99 - 23.99%
(variable)
$0 Excellent/Good
Citibank N/A
0% for 18
months
13.99 - 23.99%
(variable)
$0 Excellent/Good
Chase
0% Intro APR
on Purchases 15
months
N/A 14.99 - 23.74%
Variable
$0 Good/Excellent
American
Express
N/A N/A N/A $0 Good/Excellent
Capital One N/A N/A
26.99%
(Variable)
$0
Average, Fair,
Limited
20. 20
Company
Name
Intro
(Purchases)
Intro
(Transfers)
Regular APR
Annual
Fee
Credit
Needed
Bank of
America
0% Intro APR
for 15 Billing
Cycles
0% Intro APR
for 15 Billing
Cycles (for
balance
transfers
made in the
first 60 days)
13.99 - 23.99%
(Variable)
$0 Excellent/Good
Discover 0% Intro APR N/A N/A N/A bad to excellent
Synchrony
Financial
N/A N/A N/A N/A poor credit
Wells Fargo N/A N/A N/A N/A
good to
excellent
Barclays US N/A N/A N/A N/A fair credit
U.S. Bank N/A N/A N/A N/A
poor to
excellent
26. 26
• Visa is a digital payments company
providing transactions between
financial institutions, consumers,
merchants, and banks.
• The company's data processing
operations generate the largest portion
of revenue.
• Visa's strategy is to aggressively expand
its presence in contactless payments, e-
commerce, and other digital vehicles.
• The company is always acquire
developing fintech startup Plaid-
networks allowing individuals to
securely connect financial accounts to
apps.
27. • The key players involved in authorization and settlement
are the cardholder, the merchant (business), the acquiring bank (the
business's bank), the issuing bank (the cardholder's bank), and the
card associations (Visa and MasterCard.).
So in Iran we can say that the most important players are people who will
use the credit cards and due to these days economic situation, inflation and
people’s poor purchasing power, credit cards will be acceptable for them.
The next players will be the merchant, Technically, a merchant is any
business that sells goods or services. But, only merchants that accept cards
as a form of payment are pertinent to our explanation. So with that said, a
merchant is any business that maintains a merchant account that enables
them to accept credit or debit cards as payment from customers
(cardholders) for goods or services provided.
27
28. An acquiring bank is a registered member of the card associations (Visa
and MasterCard). An acquiring bank is often referred to as a merchant
bank because they contract with merchants to create and maintain
accounts (called merchant accounts) that allow the business to accept
credit and debit cards. Acquiring banks provide merchants with
equipment and software to accept cards and handle customer service
and other necessary aspects involved in card acceptance. The acquiring
bank also deposits funds from credit card sales into a merchant’s
account.
28
29. As you’ve probably guessed, an issuing bank issues credit cards to
consumers. The issuing bank is also a member of the card associations
(Visa and MasterCard).
Issuing banks pay acquiring banks for purchases that their cardholders make.
It is then the cardholder’s responsibility to repay their issuing bank under the
terms of their credit card agreement.
Credit card companies aren’t banks and they don’t issue credit cards or
merchant accounts. Instead, they act as a custodian and clearing house for
their respective card brand. They also function as the governing body of a
community of financial institutions, ISOs and MSPs that work together in
association to support credit card processing and electronic payments.
Hence the name, “card associations.”
The primary responsibilities of the Card Association are to govern the
members of their associations, including interchange fees and qualification
guidelines, act as the arbiter between issuing and acquiring banks, maintain
and improve the card network and their brand, and, of course, make a profit.
29
30. 30
A typical Visa/Mastercard transaction involves four parties: the account holder or
consumer, the issuing bank, the merchant, and the merchant’s acquiring bank.
Typically, an account holder uses a Visa/Mastercard branded card to make a purchase
with a merchant. Once the transaction is authorized, the issuer bank pays the cost of
the transaction (less an interchange fee) to the acquirer bank. The account holder is
then charged the cost of the transaction, less a merchant discount. Interchange fees
are key in providing value to merchants who accept Mastercard payment products;
Visa/Mastercard does not generate revenue from these fees. The merchant discount
fee helps to cover costs for the acquirer bank. Visa/Mastercard charges the financial
institutions that issue cards a fee based on gross dollar volume of account holder
activity. The company also earns revenue from switched transaction fees.
31. 31
The plastic card transactions typically required POS (Point of Service) machines at
merchant’s locations and this incurred an additional maintenance cost that would be a part
of the MDR. With increasing smartphone penetration, and the proliferation of UPI and
cardless payment mechanisms, the high-upfront cost POS machines will soon be
obsolete. This will pave way for cheaper mobile POS solutions that only require a
smartphone. A simple QR code sticker combined with a mobile app should be good to
replace the conventional POS systems. This has negligible maintenance costs, and aligns
with the zero MDR implementation by the government. Again, that is bad news for
Visa/Mastercard as the expansion of POS for merchants will be limited. Deep pocketed
tech players including Google, Amazon, Paytm have already been accelerating the use of
mobile POS systems and the UPI dominance over plastic card usage. UPI enables the
payments directly from account to account, eliminating the need for owning a credit card.
This is definitely bad news for Visa/Mastercard.
32. Some of the banks in Iran such as Melli Bank and Mellat Bank
these days provide some limited credit cards for their customers,
but AP can have a big role in developing credit cards among all
groups of people by introducing the service to banks so they can
issue cards and contact with merchants to increase the number of
merchants which accept the credit cards service but the most
important point is exchange fee, so if AP start with lower
exchange fees, it can attract more merchants, and in the other side
with giving bonuses (travel, taxi, etc.) to card holders can
encourage them to boost the usage of cards by them, so AP can
benefit by the volume of transactions.
32
33. One of the critical factors is the card holder credit score, card
issuers need to provide a system for determining card holders
score so they can manage credit cards levels, and divide them
into groups such as golden, master, etc
33