Bring up the subject of the world’s biggest, most unscrupulous tech companies, and many people will mention the low level of corporation tax paid by online behemoths in the UK (just slashed from 20% to 18% by 2020 in George Osborne’s budget). Or they’ll talk about how Amazon is squeezing independent bookshops and paying self-published authors a pittance – as little as $0.006 per page read. Perhaps there will be handwringing over the state of Foxconn, the biggest supplier of Apple products. In Foxconn factories in China, workers average around 55 hours a week, and conditions are so poor that in 2010 alone 14 workers killed themselves.
Showing posts with label Transfers. Show all posts
Showing posts with label Transfers. Show all posts
Sunday, 12 July 2015
The Uber addiction – why the taxi app is driving me crazy
Bring up the subject of the world’s biggest, most unscrupulous tech companies, and many people will mention the low level of corporation tax paid by online behemoths in the UK (just slashed from 20% to 18% by 2020 in George Osborne’s budget). Or they’ll talk about how Amazon is squeezing independent bookshops and paying self-published authors a pittance – as little as $0.006 per page read. Perhaps there will be handwringing over the state of Foxconn, the biggest supplier of Apple products. In Foxconn factories in China, workers average around 55 hours a week, and conditions are so poor that in 2010 alone 14 workers killed themselves.
Friday, 10 July 2015
Paytm unveils P2P fund transfers
Seeing the huge potential of cashless transactions through e-wallet, mobile payments and commerce venture Paytm is the latest company to jump on the person-to-person (P2P) money transfer bandwagon.
After online shopping, this space has seen good traction with mobile payment firms like M-Pesa and Oxigen, and certain banks joining the fray, to offer ease and convenience of the cashless mode and promote cash-less and paperless transactions while making merchant payments. While banks have deployed point-of-sales (PoS) terminals at various merchant outlets and launched mobile payment apps, others like Vodafone M-Pesa launched a mobile app recently to carry out transactions like cash deposits, money transfers, and make mobile and utility bill payments.
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