Examples of using Payment network in English and their translations into Korean
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Colloquial
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Computer
A major problem that any payment network has to solve is to prevent what is called double spending: to prevent the same entity from spending twice the same amount.
In addition to coordinating a transaction via the payment network 115, the payment manager 240 can also coordinate a transaction with respect to one
One significant issue every payment network needs to solve is to prevent the so-called double costs: to stop that one entity invests the same amount two times.
GO-NET aims to expand the payment network business to a global scale, and enhance the services to support diverse payment ideas in the upcoming IoT era.".
more embodiments, the payment manager 240 can use one or more application programming interfaces(API) to communicate relevant information with the payment network 115.
108 can communicate with the payment network 115 to coordinate a transaction that facilitates the payment between the users(i.e., their accounts).
More specifically, the payment network 115 can authorize a transaction,
This hyper-scale payment network, powered by an innovative and newly-developed blockchain architecture, is designed to be capable of processing more than one million transactions per second at latencies of less than two seconds per transaction.
As Cointelegraph reported last month, SendFriend was among 13 new financial institutions that recently joined Ripple's payment network, RippleNet, bringing the total number of customers to over 200.
For example, a generic applet of a payment network(e.g., MasterCard®)
Instead, the firm uses its proprietary payment network to send money via the internet straight to the bank accounts of clients, thereby eliminating intermediaries and operating in a cost-efficient way.
Our mission is to connect the world through the most innovative, reliable and secure payment network on the market, enabling individuals, businesses and economies to thrive.
The goal of RSK Labs is to reach up to 20,000 tx/sec using its Lumino technology, which is a second layer off-chain payment network that will be embedded on RSK's reference node in a following release.
most approximately seven transactions per second, whereas the Visa payment network has a peak capacity of 56,000 transactions per second.
Inter-bank transactions can take up to a month, however Project i2i's blockchain-based payment network enabled by the Kaleido platform can reduce this to less than five minutes and eliminates the need for paper-based record keeping and manual transactions.
Flywire global payments network.
Payment Networks.
major payments network PayPal withdrew from the organization and was soon followed by Visa,
The payments network is a global infrastructure
According to founder and CEO Victor Romero, Dash was chosen because of its instant transaction functionality and use as a payments network.