U.S. Banks are Terrified of Chinese Payment Apps Flashcards
Cashless
adjective
Exchange of funds by digital means
Japan is not yet a cashless society.
They rent cars through a cashless system.
Get a cut
phrase
To receive a percentage of profits
If the business is successful I also want to get a cut.
If it fails you may not get a cut.
In contrast
noun
Showing the opposite
He is rich, but in contrast his sister is poor.
In contrast to the winter, Japanese summers are very hot.
Merchant
noun
A person or company involved in trade
They are our best merchant.
I got a better price from that new merchant.
Market share
noun
Part of a market controlled by a company / product
We now have the largest market share in Japan.
This deal will help them increase their market share.
Revenue
noun
Income of an organization
We need to increase our revenue next year.
They lost some revenue after the strike.
Alternatives
noun
More options
We need to think of more alternatives.
Which alternatives do you propose?
Have access to …
phrase
Being able to use / see something
I have access to a computer at the office.
Will we have access to a shower at the hotel?