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A central securities depository (CSD) is a specialized financial market infrastructure organization holding securities like shares, either in certificated or uncertificated (dematerialized) form, allowing ownership to be easily transferred through a book entry rather than by a transfer of physical certificates.
Renault Samsung Motors first installed an in-car payment system on its 2022 XM3, released on June 4, 2021. It will be available at convenience stores, gas stations, parking lots, cafes and restaurants from July 2021. It is the only in-car payment system that can request the ordered menu to be delivered to the vehicle. [3]
Pay and display systems differ from road-side parking meters in that one machine can service multiple vehicle spaces, resulting in lower set up costs. In addition, this system theoretically prevents drivers from taking advantage of parking meters that have time remaining; this factor alone has doubled parking revenues in cities that have switched to pay and display. [1]
When the vehicle passes a roadside toll reader device, a radio signal from the reader triggers the transponder, which transmits back an identifying number which registers the vehicle's use of the road, and an electronic payment system charges the user the toll. A major advantage is the driver does not have to stop, reducing traffic delays.
The Central Electronic System of Payments (CESOP) regime is an automatic exchange of information regime being introduced in the European Union from 1 January 2024. The rules were introduced by Council Directive 2020/284, [ 1 ] amending the EU's Value-added tax Directive.
[1] [2] A payment system is an operational network which links bank accounts and provides for monetary exchange using bank deposits. [3] Some payment systems also include credit mechanisms, which are essentially a different aspect of payment. Payment systems are used in lieu of tendering cash in domestic and international transactions. This ...
CCDC is a wholly state-owned central institution. It started as a centralized depository for government bonds, and has expanded into providing registration, custody and settlement services under the approval and funding of the State Council.
The Canteen Stores Department, (CSD), is a solely owned Government of India Enterprise under Ministry of Defence and has its depot in all major military bases operated by the Indian Armed Forces. CSD are the most profitable retail chain in India, ahead of Future & Reliance Retail [ 2 ] and sell a wide variety of products like household ...