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On July 1st, PayPal the global payments company agreed to acquire Xoom, an online remittance specialist for nearly a billion dollars. Founded in 2001, Xoom is a surprisingly successful digital upstart...
There are two types of retail payment systems that support the overwhelming majority of today’s retail payment transactions. These are: (1) card payment systems (2) automated clearing houses – ACH – o...
The definition of short circuit: “to force termination of an ongoing process before its natural conclusion by bypassing one or more intermediary steps” (Source: Wiktionary). Established industries ope...