As for the upside, small online merchants would welcome a global payment standard.
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For example, the standard payment period for a work bought at auction runs 30 days.
Proposing the scrapping of the present system, Ms Driver suggested that it should be replaced by a standard payment to schools for all children of a similar age, wherever they lived in England and Wales.
Compare policies to various compliance regimes such as PCI DSS (Payment Card Industry Data Security Standard) and generate reports for audits.
And, in the payments industry, self-policing is in place through the PCI-DSS (Payment Card Industry Data Security Standard) which, while not a federal law, has become law in some states.
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Uswitch calculated figures for the BBC showing the difference between the average standard plans (payment on receipt) and the average online price among suppliers in the UK for dual-fuel gas and electricity bills.
The Payment Card Industry (PCI) standard was created by the credit card industry to protect the viability of their brand.
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We designed the architecture to be flexible and it turns out to be a perfect means to route any mobile payment using the new ISO 20022 standard promoted by SWIFT and their SWIFTRemit program.
In November, NICE denied payment for a higher-than-standard dose of Glivec (Gleevec in the U.S.) for gastrointestinal stromal tumors, although some patients (14%, according to the manufacturer of the drug) would benefit from the higher dosage.
Not all bitcoin transactions require a standard computer and if the mobile payment prognosticators are correct, the mobile phone equipped with applications like Bitcoin Android could end up originating the majority of bitcoin transactions.
Accounts receivable days is a standard measure of the average number of days a company takes to collect payment on goods or services it sold.
Along with NFC payment capabilities, the device includes a new, and pretty innovative, take on the standard, old-school 1-D barcode.
Under the settlements, Standard Chartered acknowledged it had removed or omitted Iranian information from U.S. dollar wire payment messages, and that it and its employees had engaged in criminal conduct.
Under the settlements, Standard Chartered acknowledged it had removed or omitted Iranian information from U.S. dollar wire-payment messages, and that it and its employees had engaged in criminal conduct.
WSJ: Standard Chartered Recants, Apologizes for Iran Comments
Floating-rate mortgages last year reduced many borrowers' payment burden as the Bank of England dropped its base rate to 0.5% and lenders adjusted their standard variable rates downward in response.
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