‘Payment for ecosystem services’ (PES) has become a commonly used term in recent years, yet the concept is not well defined. A new study reviewing PES theory, concepts and practice from around the world provides a valuable overview, concluding that more can be done to share learning.

Despite the current economic situation, organic farming is a growth sector in the EU. A recent EU-funded study suggests support payments from the amended 2003 Common Agricultural Policy (CAP) for organic farming will continue to play an important role in Western European countries and will become increasingly significant in new Member States.

Biodiversity and ecosystems provide many critical life support functions and benefits for human wellbeing, security and economic growth, including food, clean water, recreational services and climate regulation. Despite its significant values, biodiversity worldwide is being lost, in some areas at a rapid rate. Given these losses, there is an urgent need for firstly, greater application of policies and incentives to promote the conservation and sustainable use of biodiversity and ecosystem services, and secondly, a more efficient use of available finance in existing biodiversity programmes. PES is a flexible, incentive-based mechanism that has potential to deliver in both of these areas. This Thematic Issue of Science for Environment Policy explores research which can help guide effective Payments for Ecosystem Services (PES) schemes. Under PES agreements, a user or beneficiary of an ecosystem service provides payments to individuals or communities whose management decisions and practices influence the provision of ecosystem services.

Payments for ecosystem services (PES) are one of a number of policy options available to support the provision of ecosystem services. Based on the characteristics of ecosystem services, a recent study has developed a framework for deciding when payments are a suitable tool for delivering ecosystem services.

Consumers have not been spending on several use-cases online, apart from getting essential services, as the economy takes a hit due to the Covid-19 lockdown.

To encourage protection of the environment, payments for environmental services (PES) schemes offer direct incentives to individuals and communities to maintain or improve the provision of environmental services. A recent study suggests indicators to monitor PES must be chosen very carefully to help ensure that monitoring does not cost more than the payments themselves.

Making a payment with a fingerprint can make you feel a bit like a secret agent.

The “significant” breaches meant some customers did not get annual review statements for up to six years.

Dear member, Please find below a letter sent to me last night 25 March by Secretary of State for Transport, Grant Shapps.

The direct integration with Payoneer makes international payouts seamless in the Accrualify platform for accounts payables.

The ultimate luxury of private jet travel now can be purchased with the most secure and private crypto-currency. Bitcoin is accepted for all flights on TapJets instant booking platform.

Diamond Trading Platform, Supports B2B And B2C Trade In Diamonds

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The power dynamics in the payments industry are changing as businesses and consumers shift dollars from cash and checks to digital payment methods. Cards dominate the in-store retail channel, but mobile wallets like Apple Pay are seeing a rapid uptick in usage.

At the same time, e-commerce will chip away at brick-and-mortar retail as smartphones attract a rising share of digital shopping. Digital peer-to-peer (P2P) apps are supplanting cash in the day-to-day lives of users across generations as they become more appealing and useful than ever.

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The IRS recently released guidance on the CARES Act employment tax deposit deferral. Below are the highlights of the deferral, including eligibility, timeline and use with other incentives.
Deferral Eligibility
The CARES Act allows employers to defer deposits and payments… Read More

The post IRS Defers Employment Tax Deposits and Payments Through 2020 appeared first on Anders CPAs.

As part of the CARES Act, the Centers for Medicare & Medicaid Services (CMS) is authorizing accelerated and advance payments to any Medicare physicians, provider or supplier who submits a request to the appropriate Medicare Administrative Contractor (MAC) and meets… Read More

The post CMS Offers Accelerated and Advance Medicare Payments for Physicians, Providers and Suppliers appeared first on Anders CPAs.

"During this period of volatility in other asset classes, a large number of PPB bank account holders are moving their savings into fixed deposits during the ongoing lockdown," stated Paytm Payments Bank.

Where unit-linked policies mature and fund value is to be paid in lumpsum, Life Insurers may offer staggered settlement option to policyholders. This onetime option is regardless of whether such option exists or not in the specific product.

The payments bank sees average monthly remittances of close to Rs 5,000 crore from daily wage earners working in various factories, construction sites, small businesses, plumbers, carpenters, cab drivers, among others.

It’s simple—I don’t like recurring payments. And I don’t know about you, but with most recurring payments, I feel anxiety around this need to “get my money’s worth.” In other words, I often feel like I under-utilize the product and thus overpay to some extent. So why do I sell my software under a recurring […]

It can be noted that shopping centres and malls, which tend to attract a lot of crowds, have been shut since mid-March, much before the lockdown was announced and if the social distancing strategies continue post lockdown as well, such facilities are unlikely to open.

Green Visor Capital backed-Simpl, that allows users to buy now and checkout with pay-later function, said the surge in the number of transactions done for daily essentials increased despite supply and workforce issues by merchant partners.

The industry body represents 1.50 lakh mobile retailers who may be unable to pay their monthly instalments and interest towards credit cards, vehicle loan, home loan and business loans taken by them. A similar letter highlighting the concerns of the mobile retailers was also sent to non-banking finance companies (NBFCs).

As my legal career has gotten longer, I have learned that while getting older does not necessarily make a person wiser, but it does make them more experienced. A decade ago, I tried to help hundreds of homeowners who could afford to make their monthly mortgage payment but thought that if they missed just a […]

Suddenly everybody's a fan of big government, now that a crisis has hit. But we're not ready for this one -- precisely because of the decades-long movement arguing that government needs to be slashed and burned.

The Internal Revenue Service said it will accept bank account information until noon Wednesday for people who want to receive stimulus payments by direct deposit. After that, the IRS will send the money by check to the address on file, with those payments expected to arrive in late May and June, according to a statement […]

Cryptoasset data provider CoinMarketCap, recently acquired by Binance, partnered Gilded to automate their digital currency invoicing and payments as well as to offer its global customers faster payment options with cryptocurrencies such as Bitcoin. Gilded's seamless blockchain-powered invoicing, payment and accounting solution will enable CoinMarketCap to get paid faster and more transparently.

At least 1 million Australians are facing unemployment as a result of the coronavirus outbreak, and those with a mortgage are particularly worried. Here's some information on what the big four banks are doing.

Read how Robert Moffat, Jr. has implemented a sweeping overhaul aimed at simplifying IBM Business Partner compensation and account engagement.

Dazbog, the Denver Center for the Performing Arts, Pizza Republica and others that rent city-owned space have the option to defer rent payments for three months this year.

Avalanche and Nuggets season-ticket holders have continued to be charged for future seats — despite widespread economic uncertainty during the coronavirus pandemic — with a lack of clear guidance provided by the Kroenke-owned sports teams.

We all need to tighten our belts

For the first time in over three decades, BT has suspended its dividend scheme as the former state-owned teleco grapples with the fallout from the novel coronavirus pandemic, and the financial uncertainty that'll inevitably ensue.…

SIBOS: IBM today announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, reducing the settlement time and lowering the cost of completing global payments for businesses and consumers. Using IBM Blockchain, and in collaboration with technology partners Stellar.org and KlickEx Group, the solution is intended to improve the speed in which banks both clear and settle payment transactions on a single network in near real time.

IBM today announced it is teaming up with Toronto-based FinTech company Dream Payments to bring new revenue generating mobile payment offerings to financial institutions and merchants in the United States via the IBM Cloud.

ASL to benefit from IBM Cloud and IBM PureApplication to deliver for secure real time payments for NPP Australia

One hotel business owed USD15 million

In response to the ongoing COVID-19 pandemic, the US government brought about a collection of fiscal stimulus measures: the 2020 CARES Act. Among other provisions, this Act directed cash payments to households. We analyze households’ spending responses using high-frequency transaction data. We also explore heterogeneity by income levels, recent income declines, and liquidity. We find that households respond rapidly to receipt of stimulus payments, with spending increasing by $0.25-$0.35 per dollar of stimulus during the first 10 days. Households with lower incomes, greater income drops, and lower levels of liquidity display stronger responses. Liquidity plays the most important role, with no observed spending response for households with high levels of bank account balances. Relative to the effects of previous economic stimulus programs in 2001 and 2008, we see much smaller increases in durables spending and larger increases in spending on food, likely reflecting the impact of shelter-in-place orders and supply disruptions. We hope that our results inform the current debate about appropriate policy measures.

Here's how college students can take advantage of three months of loan relief.

Millions of homeowners have signed up for mortgage forbearance programs. But there is confusion and concern over how they will pay back what they owe.

UNIVERSAL CREDIT claims have surged in recent weeks, as Britons have begun to feel the impact of the coronavirus crisis. How do earnings affect payments?

UNIVERSAL CREDIT claims have surged in recent weeks, as Britons have begun to feel the impact of the coronavirus crisis. How do earnings affect payments?

11 Million Struggling to Pay Mortgage Payments and Rent

The fast-growing travel tech startup is moving into payments after securing $500 million in debt financing from Silicon Valley Bank, Goldman Sachs and Comerica Bank

Dentists who have had a dental plan payment check lost in the mail could consider a way to receive safe and secure payment through electronic funds transfer payments.

Taxpayers do not need to file or pay their federal income taxes until July 15, after the U.S. Department of the Treasury and Internal Revenue Service extended both deadlines from April 15.

The Centers for Medicare and Medicaid Services has set a deadline of May 15 for covered recipients to review and dispute Open Payments data for program year 2019.

BIS Press Release - Shaping the future of payments: BIS Quarterly Review, 1 March 2020

Commentary on Red Book statistics: Shaping the future of payments, November 2019

 Permissible period for remittance of e-payments into Government account by Public Sector Banks

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