Tag Archives: Pay

GST Effect on Used Cars Deals: Buyers Pay More, Sellers Fetch Less

The Indian government has clarified that the Goods and Services Tax (GST) on used cars will be paid only on the margins made by dealers. There will be no incidence of GST on deals between individuals, as it is assumed that the taxes have already been paid at the time of buying a new car and charging GST on a ... Read More »

‘Toxic’ car finance could work out as the best way to pay for a new car

More and more drivers want to be driving the newest cars available CREDIT: PUNIT PARANJPE/AFP As Britain’s appetite for driving the newest and flashiest cars shows no signs of abating, the Bank of England has issued apocalyptic warnings about the state of the motor finance industry. Banks are “failing to learn the lessons of the past”, said governor Mark Carney last month ... Read More »

Samsung Galaxy Note 5 Receiving Firmware Update in India That Brings Samsung Pay App

Samsung has started rolling out firmware update to its Galaxy Note 5 and Galaxy S7 Edge smartphones and interestingly, the update for the former device brings along yet-to-be launched Samsung Pay app to devices in India. This is a strong indication that the South Korean conglomerate might be announcing its payments service in India very soon. The Samsung Galaxy Note ... Read More »

Samsung’s Rumoured Virtual Assistant Bixby and Samsung Pay Mini Spotted on Official Site

Samsung’s rumoured virtual assistant’s name seems to be all but confirmed to be ‘Bixby’ as it has now been spotted in an image posted on the beta page for company’s payment service – Samsung Pay on its official website. The virtual assistant has been tipped to be launched alongside company’s upcoming flagship Galaxy S8 smartphone. Apart from giving away the ... Read More »

Apple CEO Tim Cook’s Pay Slumps Along With iPhone Sales

Apple penalized CEO Tim Cook for the iPhone maker’s first sales slump in 15 years with a 15 percent pay cut. Cook still did extremely well, with a compensation package valued at $8.7 million (roughly Rs. 59.3 crores) for Apple’s fiscal year that ended September 24, according to a regulatory filing made Friday. But the amount was down from nearly ... Read More »

Court Asks Hotel Leela Venture To Pay Rs. 258 Crore Royalty To Airports Authority

New Delhi: The Delhi High Court on Monday upheld its single judge decision asking Hotel Leela Venture Ltd to pay Rs. 258 crore to Airports Authority of India (AAI) as royalty for possession of its property near Mumbai International Airport. “We affirm the destination reached by the single judge notwithstanding the route taken not being reflective of the journey undertaken ... Read More »

Apple Pay Japan Debut Hit by Problems as Rail Commuters Struggle

Apple Inc.’s entry into Japanese digital payments is off to a rough start as system trouble prevents commuters from charging their passes. East Japan Railway Co. said users are experiencing difficulties connecting to the Mobile Suica contactless payment system, after the rail operator servicing Tokyo metropolitan area began accepting Apple Pay on Tuesday. The trouble started shortly after 9am in Tokyo, ... Read More »

Xiaomi Mi Pay NFC-Based Mobile Payment Service Launched

  After unveiling the service last month, Xiaomi on Thursday announced the launch of its Mi Pay service in China. Launched in collaboration with China UnionPay, Xiaomi’s new Mi Pay is currently only China-bound service. The Chinese brand touts that it’s the first “smartphone company in the world” to support contactless payments through both bank cards as well as public ... Read More »

Samsung Pay Service Reportedly Open to Hacking; Samsung Responds

In a presentation given at Defcon, an ethical hacker named Salvador Mendoza highlighted what he believed to be major vulnerabilities associated with the Samsung Pay mobile payment service. He claims that the Samsung Pay service can be misused if payment tokens are skimmed. Samsung has responded to claims made by Mendoza, and has said that even though it is possible ... Read More »

Wal-Mart Now Lets You Pay With Phone at All 4,600 US Stores

Wal-Mart will now let you pay with its phone app at all 4,600 stores nationwide. The effort is part of Wal-Mart’s strategy to make shopping easier and faster, while learning more about consumer behavior. With Wal-Mart Pay, the cashier scans a QR code on the phone screen to charge a credit, debit or Wal-Mart gift card linked with the account. ... Read More »