Payment System Quotes

The payment of the worker is not determined by the value of his product.

PayPal came within an inch of being shut down by regulators when they started. The feds seizing the Dwolla account and stealing the money that is owned by Mt. Gox customers is more proof that Bitcoin is the superior payment system.

You can hold your Bitcoin in Ripple. We want to be agnostic to any currency, whether that be a virtual currency, political currencies, or peer-to-peer currencies.

Bitcoin is two things which share a name. One, it's a payment system, and two, it's a currency. You use the Bitcoin payment system to send bitcoins as currency from one account holder to another. The transfer is instantaneous, carries no fee, works anywhere in the world, and is private.

Apple Pay is forever changing the way we pay for things.

Before we even consider expanding Medicare, or another program based on its rates, we must reform our Medicare payment system so that it rewards value, not volume, and doesn't disadvantage states like Minnesota that provide high-quality care in an efficient way.

Rather than redistribute physician income as a way to subsidize an expansion of government control, Mr. Obama should fix the payment system to align incentives with improved care.

The Federal Reserve and other central banks have adopted broad public policy objectives to guide the development and oversight of the payments system. At the Fed, we have identified efficiency and safety as our most fundamental objectives, as set forth in our Policy on Payment System Risk.

I see the White House as like a subway. You have to put coins in to open the gates.

The way we structure our backend, we key the payments to the box office - so that cuts the negotiating way down, and it's very transparent. One of the things I'm most proud of is that we're really transparent with our process.

[Virtual Currencies] may hold long-term promise, particularly if the innovations Promote a faster, more secure and more efficient payment system.

Consumers expect a safe, convenient, and affordable globalised payment platform.

It turns out that CVS is one of about 40 merchants in a consortium that formed in 2011 to develop their own mobile-phone-based payment system. The consortium, called the Merchant Customer Exchange, or MCX, is in large part all about eliminating, or at least reducing, the fees banks charge retailers for swiping credit cards.

We really think of Bitcoin as a global, interoperable payment network instead of a store of value.

For people who use Google Wallet, the experience works.

It's really hard to argue that bitcoin doesn't have many legitimate benefits to companies that are legal businesses when you have Dell and Expedia and all these companies now accepting it.

The world needs another vehicle to get people to pay in cash.

Bitcoin will make a dent in society when more normal transactions occur that would have occurred with dollars or credit card.

How do we let people pay for music?

We use the block chain to share value, just like Internet protocol lets us share communication. Our goal is to build a global, international bank that is instant, global, and free. Sending payments should be as easy as sending an email.

The main idea with Brave is that you don't have to think about Bitcoin; you just have this frictionless payment system.

I wanted to tell them that, in Kabul, we snapped a tree branch and used it as a credit card. Hassan and I would take the wooden stick to the bread maker. He'd carve notches on our stick with his knife, one notch for each loaf of naan he'd pull for us from the tandoor's roaring flames. At the end of the month, my father paid him for the number of notches on the stick. That was it. No questions. No ID.

The Ripple network is a protocol. It's like HTTP for money. Users, merchants, anyone can use it for free without a license.