Word: payments
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...site has massive traffic and will benefit from (essentially) free advertising across Google's network: the search giant can run ads for the new rental platform on YouTube, in Google search results and in its suite of popular services like Gmail and Google Maps. Google also has an established payment platform in Google Checkout, which will make paying for the rentals relatively easy...
...With its wings clipped, JAL hopes for smooth progress under the ETIC. There will be no disruption in the payment of leasing fees or credits, and the airline will continue to honor frequent-flyer mileage and tickets. But some analysts wonder if JAL can continue to grow as a business during such a massive restructuring. Yasuhiro Matsumoto, senior analyst at Shinsei Securities in Tokyo, says he's split between whether bankruptcy and ETIC help is the best path for the airline. "It's clear that there's government support, but we don't know the future of JAL's business...
...collateral or by purchasing merchandise outright from customers at a steep discount. Loan terms are typically one to three months in length, with customers expected to cough up monthly storage and loan-servicing fees of 10% to 20% a month. If a customer fails to make a monthly payment, the pawnshop, following a grace period, can sell the item. (See the five big questions about retirement...
...Over the past few days, bank officials say that most cash machines in the country have been reconfigured and are now reading the cards again. But they say that most payment terminals won't be fixed until at least Monday, which has led some crafty consumers to come up with their own solution - covering the faulty chips on their bank cards with tape so tellers can process payments through the magnetic strip instead. But consumer groups point out that magnetic strips are not as secure as chips, and they've urged the banks to solve the problem as quickly...
...glitch comes as a heavy blow to retailers feeling the pinch after last year's recession - and the gloomy holiday shopping period when sales were largely stagnant. According to HDE, the German retailers' association, at least a fifth of all payment terminals in German stores could not read the faulty cards after Jan. 1. Furious over the loss of sales that resulted, retailers have lashed out at the banks for failing to spot the problem earlier. "We have angry customers and lost revenues and it's simply not our fault," Stefan Genth, the head of HDE, told the German daily...