Universal Credit will replace benefits including income support and housing benefit with a single payment.
Alun Davies AM outlined his commitment to administering CAP's Single Payment Scheme (SPS) effectively.
The new single payment has been introduced as part of the overhaul of the benefits system.
Several benefits will be collapsed into a single payment under the new system.
Under the universal credit, claimants will get a single payment, instead of potentially several, separate payments as happens currently.
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The work and pensions secretary wants to scrap the existing, complex system and replace it with a single payment.
That has led to a single payment infrastructure that is owned and run jointly by the big retail banks.
Such a system provides a single payment hub that doesn't depend on what kind of phone you have, the carriers argue.
The new single payment scheme will be phased in gradually to 2012.
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Under the same pilot scheme, the regulators have approved another HSBC client to reduce its cross-border foreign currency cash management to a single payment.
China Life said its sales force of about 740, 000 agents will be focused more on higher-margin policy sales rather than short-term or single payment products.
The Sovereign Grant Bill introduces a single payment given to the monarch based on 15% of the Crown Estate's revenue from two years previously.
In April, the government will implement a system that would replace the main means-tested benefits-- such as income and housing support -- with a single payment.
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In 2007 analysts at MBIA had started noticing strange things in the loan pools, such as mortgages that went into default without a single payment being made.
The new single payment, which is part of the overhaul of the benefits system, is for people who are looking for work or who are on a low income.
The universal credit will replace jobseeker's allowance, tax credits, income support, employment and support allowance - formerly known as incapacity benefit - and housing benefits with a single payment.
The government's Universal Credit will eventually replace housing benefits, jobseeker's allowance, tax credits, income support, employment and support allowance - formerly known as incapacity benefit - with a single payment.
Dr Royston feels entitlement should be extended to all children living in families receiving Universal Credit - the new single payment for people who are looking for work or on a low income.
But he told MPs last week he favours the most ambitious of these - scrapping all current out-of-work benefits in favour of a single payment, which would be tapered to encourage people back into work.
It is an "open secret" in Whitehall that the plans, which aim to bring most benefits and tax credits under a single payment called the "universal credit", are in trouble, Mr Byrne claimed in the Commons.
Ms Jones outlined the department's key priorities which will include the delivery of the Rural Development Plan, the effective administration of the Single Payment Scheme from the European Union (EU), and the programme to eradicate bovine TB.
At 4.30pm the Work and Pensions Committee quizzes the final witnesses in its inquiry on Universal Credit, the new social security benefit which replaces Jobseeker's Allowance, Income Support, Child Tax Credits, Housing Benefit and other working-age benefits with one single payment.
And without the EU's single farm payment, it would have made this business very difficult to keep going.
They use the Single Area Payment Scheme (SAPS) - different from the direct payments used in older EU states.
With Citibank, a single late payment can cause rates to increase to 29.99% on not only future purchases, but on current balances as well.
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Technically, a consumer becomes delinquent after missing a single monthly payment.
"We have serious concerns about about how more vulnerable people will cope with the changes, especially the online claims system and the proposed single monthly payment, " she said.
"But for the average American, I don't have a problem with them having one or two credit cards" to combine recurring expenses into a single monthly payment, he added.
Ministers say it marks the beginning of a fundamental cultural shift in the welfare system, but critics have raised concerns about the computer system and the switch to a single monthly payment.
The minister set up the Land Parcel Identification System (LPIS) improvement project to systematically review and, if necessary, correct each of the 742, 000 fields currently used to claim the Single Farm Payment subsidy.
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