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… into a single, global standard. This will reduce the cost and effort associated with supporting multiple … with attractive electronic payment options that reduce costs and reduce inefficiencies of paper-based alternatives, … remittance information, resulting in efficiency and cost benefits … Structured data in ISO 20022 is information …
… only way I could actually send it was by wire. So the wire cost me $35 to send a €5 payment, and I just thought, … it, it was $75 or $70 so there went my money. It's not low cost, it's not fast. It's a pain in the butt and it goes … back to their families. Every single time it's a very high cost payment. Ben: Moving money, like most Canadians, …
… you think that last cheque that somebody writes is going to cost, but it's sure going to be expensive. And I think we're starting to get into the territory now where the cost per cheque is significant, and the value that a cheque … today. So, money transfer on an international level, on a cost effective basis, is very important. And you've got a …
… really important. It is because it makes it easier and more cost effective for actors in the economy, be they people or … what they stand to gain by adopting it, like reducing the cost of reconciling the payments that you receive, right? … your day-to-day business while you figure out what all the costs and risks are, so we want to remove the risks of doing …
… resiliency, but each of these payment types comes at a cost. We talk about cash as though it doesn't cost a retail or a merchant anything at all to take cash. … processing and managing. Cards, obviously there's a cost to using a card in terms of fees and interchange. And …
… able to deliver more personalized, faster and often lower-cost alternative services to address some of the frictions … greater transparency in the movement of funds, and lower costs for participants. So what does that mean for the …
… to miners speeds things up, but can amount to a significant cost that undermines the worth of the transaction itself, …
… participants, maintaining open and risk-based access. Cost-benefit statement: The proposed amendments would result in additional costs to members in the event of a contravention resulting … that the proposed amendments would result in no anticipated costs or consequences for small businesses. The proposed …
… participants can innovate and compete based on quality, cost of service and on enhanced security and consumer …