| New mobile payment service eschews cash and checks for phones
Mpayy Inc., an online and mobile payment processing company, will launch tomorrow a service that enables merchants and shoppers to conduct retail transactions using mobile phones and online payment accounts. Shoppers can use the Mpayy service with roving salespersons or on retail web sites. Merchants set up accounts on Mpayy.com to establish a mobile payment system. Mobile merchantsMpayy is not yet targeting bricks-and-mortar retailerscan access reports on sales, send funds to desired banks, manage refunds and perform other tasks through a web-enabled administrative application. Shoppers set up accounts on the Mpayy site, entering their mobile phone number, account nickname, and checking account information. To conduct a transaction with a roving merchantan Avon lady, for examplea shopper logs in to Mpayys mobile web site and enters the merchants mobile phone number or nickname, enters the amount of the purchase, and submits the information, which brings up a transaction confirmation page with a Pay button to complete the purchase.
The Case for the Real Jesus
In case you haven't noticed, the recent "evangelistic" fervor against Christianity didn't begin with Christopher Hitchens, Richard Dawkins and Sam Harris. They have just built on what the Jesus Seminar proselytizing debunkers started. Strobel says that six major challenges are leaving many Christians scratching their heads and confusing seekers looking for the truth about Christ. He began his research on these challenges conceding to himself that if any were true, they "could change everything" about his beliefs. But, "for the sake of my own intellectual integrity, I needed answers." He then proceeded to investigate, by studying the evidence and interviewing the premiere scholars on each of these issues: 1. Scholars are uncovering a radically different Jesus in ancient documents just as credible as the Four Gospels, 2.
Superannuation clearing houses and electronic payment facilities
A non-cash payment (NCP) facility is a facility through which a person (the client) can make a payment, or cause a payment to be made, otherwise than through the physical delivery of Australian or foreign currency: see s763D. As part of the regulatory regime, persons providing financial services in relation to NCP facilities are subject to the licensing, conduct and disclosure provisions of the Corporations Act. The Corporations Act and Corporations Regulations 2001 exclude certain payment facilities from being financial products, and certain providers from providing a financial service. Our policy statement In November 2005, ASIC published its policy on how it would regulate NCP facilities under the Corporations Act: see Policy Statement 185 Non-cash payment facilities [PS 185] and Information Release [IR 05-60] ASIC adopts a flexible approach to the regulation of non-cash payment facilities.
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