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payment

‘Bitcoin not a legitimate method of payment’

7 months, 7 days ago
BEIJING: China does not recognize Bitcoin and other digital currencies as legitimate forms of payment, the central bank governor, Zhou Xiaochuan, said on Friday. “We do not currently recognize Bitcoin and other digital currencies as a…

China says Bitcoin not a legitimate method of payment

7 months, 8 days ago
BEIJING: China does not recognize Bitcoin and other digital currencies as legitimate forms of payment, the central bank governor, Zhou Xiaochuan, said on Friday. “We do not currently recognize Bitcoin and other digital currencies as a…

Lender kills minor girl in loan repayment row

10 months, 19 days ago
FAISALABAD: A six-year-old girl was killed in Faisalabad when a loan shark opened fire at the victim's house after an argument with her father over an unpaid debt, ARY News reported. Waris Masih, a labourer  and resident of Ilahiabad…

Mastercard starts biometric payments – with a selfie!

2 years, 13 days ago
PARIS: Shoppers in a dozen European countries can make online payments using a selfie from Tuesday, under a rollout by Mastercard of new payment technology. Removing the need to memorise a password, Mastercard said biometrics like…

US sought ‘leverage’ with $400 mn payment to Iran

2 years, 1 month ago
WASHINGTON: The United States acknowledged Thursday that it waited for Iran to release American prisoners before delivering $400 million in cash that it owed the country, but again insisted the payment was not ransom.