Payment systems
Card payments soar 109 percent in July
Payments with credit, prepaid and debit cards increased by 109 percent in July on an annual basis to amount to 316.9 billion Turkish Liras, according to data from the Interbank Card Center (BKM).
Payments with credit cards increased 103 percent to 249 billion liras, while debit cards made up 62.3 billion liras of the total sum, rising 132 percent from a year ago.
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Cash App: How Does It Work?
The use of online money transactions is convenient for everyone since the majority of people are on their phones 24/7. Cash App is one of the most famous online banks.
You should be aware of a few things if you want to use Cash App for any of these reasons.
Defining Cash App
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Recent upheavel shows need for crypto rules, says Fed’s Brainard
Recent upheaval in the cryptocurrency markets shows the sector is subject to similar risks as conventional investments, underscoring the need for regulation to protect against the "false allure" of a quick profit, Federal Reserve Vice Chair Lael Brainard has said.
Crypto lending world sways under risk and turmoil
Starting with the lofty goal of competing with traditional banks, cryptocurrency lending giants and their clients now face financial ruin due to their appetite for risk and a paucity of regulatory guardrails.
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New minister critical of digital vouchers
Ljubljana – New Digital Transformation Minister Emilija Stojmenova Duh is critical of digital vouchers, a measure that was initiated by the previous government, saying they will not help step up digital literacy and inclusion, instead they will widen the digital and social gaps.
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Slovenians use cash and cards equally when travelling
Ljubljana – Slovenians are equally likely to pay with cash or card when travelling abroad, a survey conducted by the US credit card company Visa shows.
Bulgaria: People will be able to Pay for Administration Services with Bank Cards issued Abroad
"In the near future, it will be possible to pay for administrative services in Bulgaria with bank cards issued abroad.
This is already a fact in the Ministry of Electronic Government", said Minister Bozhidar Bozhanov, who has received many signals about the problem. The ministry's virtual POS terminal now accepts foreign bank cards.
Landmark bill to limit cryptomining passes NY Legislature
New York lawmakers have passed a milestone environmental measure designed to tap the brakes on the spread of cryptocurrency mining operations that burn fossil fuels.
Both supporters and opponents say that the closely watched bill, approved early Friday by the state Senate, is the first of its kind in the U.S.
Turkish woman involved in major retail theft in New York
A Turkish woman was among 41 people who allegedly took part in a massive retail theft in New York.
They were charged for their roles in this crime ring that stole luxury clothing and goods and thousands of items from drug stores that were then resold on eBay, New York Mayor Eric Adams and New York Attorney General Letitia James said in a press conference.
Bulgarian Posts have Resumed International Money Transfers
Bulgarian Posts resumes acceptance and payment of international money transfers, the ministry said. From there they specify that for domestic express money transfers the payment starts with the ones accepted in the period from March 21, 2022 to April 16, 2022.