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Posts Tagged ‘payments’

Panama Government to Revive Social Program

Posted on November 15th, 2009 by admin

PANAMA – The social program Opportunities Network, designed by the last president administration, will be revived by the present Panamanian government next November, reported official sources.
Guillermo Ferrufino, Minister of Social Development, pointed out he will reintroduce the mechanism, before many no-work months which generated worries among the thousands of people benefited by the initiative.
Authorities will [...]

Credit cards can overwhelm users

Posted on September 16th, 2009 by admin

Credit cards can be a double-edged tool: a financial lifeline or an overwhelming wave.
They are easier to carry than cash, but there are risks, especially when consumers don’t think carefully before pulling them out to pay for an item.
As of June 1, Panama’s residents had some 524,000 credit cards with a total outstanding balance of $799 million.
According to [...]