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Payments as a service (PaaS) is a marketing phrase used to describe software as a service to connect a group of international payment systems.The architecture is represented by a layer – or overlay – that resides on top of these disparate systems and provides for two-way communications between the payment system and the PaaS.
' Cloud QuickPass ') is a mobile and online payment service, developed and operated by UnionPay, the national Chinese bank card clearing service. Launched in 2017, [ 1 ] it was designed to compete with the existing third-party Chinese mobile payment platforms, Alibaba Group 's Alipay and Tencent 's WeChat Pay .
Authorize.Net was founded in 1996, in Utah, by Jeff Knowles. [4] As of 2004, it had about 90,000 customers. [5]Authorize.Net was one of several companies acquired by Go2Net, a company backed by Microsoft founder Paul Allen, in 1999, [6] for US$ 90.5 million in cash and stock. [7]
a payment gateway provider and finally; the 3rd party provider that offers its paid service. Thus, the service is indirectly paid through your phone bill. This makes it more complicated to deny the payment or to claim your money back. In 2013, the Federal Trade Commission settled with Jesta Digital LLC concerning unauthorized WAP billing ...
[9] [10] Price, who previously paid himself a $1 million yearly salary, cut his own salary down to $70,000 to partially cover the increased pay for employees. [3] [11] The change lost the company two long-standing employees due to the flat payment structure. [11] [12] Price quoted Daniel Kahneman's research on salaries as inspiration. [6]