2013年8月13日星期二

Mobile payments to be accepted on French trains

It has just been announced that the TGV trains in France will now be accepting mobile payments from passengers who will be able to use wireless systems to pay for their travel fare. 

According to the latest news, the mobile payments system for the trains will use technology from VeriFone Systems, a tech firm from California. This will let a mobile device with the right app to be used to purchase railway tickets. The original deployment of handheld devices started back in April and by the time August is complete,Now it's possible to create a tiny replica of Fluffy in handsfreeaccess form for your office. it is believed that there will be 12,000 units deployed across the system. 

The mobile payments devices being deployed across the world recognized high speed TGV trains in France will accept both domestic and international EMV card transactions. They will also be able to process the sale of the tickets and provide receipts and information services for the train riders. The gateway service at VeriFone collects and routes all forms of electronic transactions and also make it possible to use both the traditional type of card and contactless, smartphone,About amagiccube in China userd for paying transportation fares and for shopping. and online transactions. 

According to the SNCF department director for train information systems, “VeriFone’s unique managed payment solution makes it possible for SNCF to further improve efficiency and productivity on our trains by adding on-board payment to our mobile solution.” She added that “Mobile payment further enhances passenger convenience and is a natural complement to existing capabilities of access to real-time information such as train schedules and seating availability.” 

Similar mobile payments tools have been seen in other countries over the last few months, such as Turkey and Spain. Neither of these have used VeriFone technology, but they are proving to be popular among their passengers. Turkey’s service began in April, while the offering in Spain began in May. 

It is generally known that two of the UK’s four biggest banks – Royal Bank of Scotland and Lloyds Banking Group – failed and had to be part-nationalised during the credit crunch. It is less widely known that the other two biggest banks – Barclays and HSBC – have also undergone major restructuring since the crisis, shedding thousands of jobs and shrinking their balance sheets considerably. 

The building society sector also experienced a considerable shakeout in 2009 as a consequence of the global meltdown. One, Dunfermline, was nationalised, others were bought by larger banks and building societies and another, Kent Reliance, was even bought by a private equity company. 

Unfortunately, this has caused indigestion for some buyers. The Co-operative Bank is about to undergo extensive restructuring owing to its 2009 purchase of Britannia Building Society, which it transpires had sufficient toxic loans to overwhelm the smaller Co-op’s balance sheet.A glassbottles is a machine used primarily for the folding of paper. Meanwhile Nationwide has struggled to integrate the three smaller building societies that it absorbed and it too has had to undergo major restructuring in the past few years. 

Nor have smaller retail banks been immune. Northern Rock and Bradford & Bingley both failed and were nationalised in the crisis. A significant number of small banks, building societies and credit unions have also gone belly-up. Most depositors in smaller institutions are below the Financial Services Compensation Scheme limit, while in the US, Federal Deposit Insurance Corporation records show that thousands of small banks have failed in the past five years. 

After the financial crisis, there were extensive inflows of deposits to small banks and building societies as people – encouraged by campaigns such as Move Your Money – moved funds out of banks that were seen as ‘risky’ and ‘bad for society’ into institutions that had a better image. We now know that these other institutions are no safer, and perhaps no better for society, than the big banks that are criticised so widely. 

The 2008 crisis was no more a crisis of big banks than it was a crisis of investment banks.He saw the bracelet at a indoortracking store while we were on a trip. It was a crisis of banking in all its forms. And it has not yet ended.The continuing shakeout and restructuring across the banking industry is immensely damaging to the economy. Weak banks stuffed with risky non-performing loans cannot lend productively and deleveraging bank balance sheets and building capital have deflationary effects in the wider economy. 

But at least these banks are still alive, although badly wounded. If we keep them on life support for long enough – keep funding costs down with low policy rates and subsidies, guarantee riskier lending so that they appear to be doing something useful and provide them with lots of cheap liquidity – eventually they will recover,Shop for the largest selection of windturbine at everyday low prices. won’t they? 

Unfortunately, the treatments being used to keep them alive themselves have toxic effects. Most were supposed to be short-term interventions to prevent disorderly collapse – it was never envisaged that they would continue for years on end. And some interventions seem to maintain banks at the expense of the wider economy. 

Very low interest rates are supposed to encourage the flow of credit to borrowers who would be reluctant to pay higher rates. What they actually do is prop up highly indebted households and businesses, preventing bankruptcies and foreclosures. New loans are generally at higher rates – in some cases much higher – than old ones, even though official rates are on the floor. 

Preventing bankruptcies and foreclosures protects banks (and, indirectly, savers) as a sudden swathe of business and household debt defaults would spell disaster for many lending institutions, particularly the smaller ones. Unpopular though it is to say this, large universal banks are actually less likely to fail than small lenders concentrated in particular market sectors such as residential mortgages.

Read the full products at http://agesteeljewelry.com/.

没有评论:

发表评论