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Electronic data interchange (EDI) is the concept of businesses electronically communicating information that was traditionally communicated on paper, such as purchase orders, advance ship notices, and invoices. Technical standards for EDI exist to facilitate parties transacting such instruments without having to make special arrangements.
Electronic billing or electronic bill payment and presentment, is when a seller such as company, organization, or group sends its bills or invoices over the internet, and customers pay the bills electronically. [1] This replaces the traditional method where invoices are sent in paper form and payments are done by manual means such as sending ...
The European Payments Initiative (EPI), previously known as the Pan-European Payments System Initiative (PEPSI), [1] is a unified digital payment service backed by 16 European banks and payment service providers.
PEPPOL logo. PEPPOL (Pan-European Public Procurement Online) is a set of specifications for establishing and also the primary implementation of a federated electronic procurement system for use across different jurisdictions. [1]
The company was acquired by Global Payments for $4.3 billion in 2016. [ 3 ] [ 4 ] Heartland Payment Systems provides payment processing for more than 275,000 business locations in the United States and processes more than 11 million transactions a day and more than $80 billion in transactions a year, as of 2014.
Plans to end a flat 20% tax band for foreigners next year has expedited their plans to move to the country.
Global Payments Inc. is an American multinational financial technology company that provides payment technology and services to merchants, issuers and consumers. [2] In June 2021, the company was named to the Fortune 500. [3] The company processes payments made through credit cards, debit cards, [4] and digital and contactless payments. [5]
The International Business Center of Madeira (IBCM) or Madeira International Business Centre (MIBC), formally known as the Madeira Free Trade Zone, is a set of tax benefits authorised by Decree-Law 500/80 in 1980, legislated [1] [2] in 1986, and amended throughout the years by the Portuguese government to favor the Autonomous Region of Madeira.
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