International Mobile/Wallet Payments & Taxation

Description

Mobile wallet apps – The world is currently embracing a huge growth in mobile wallet payments. Developing nations have been growing steadily in the use of mobile wallet payments. In Asia and Africa, where there has been huge growth in mobile payments app, many employees are requesting that salaries and other payments be made via mobile wallet app, while many gig-economy consultants get paid through mobile wallet. Anyone who keeps books of accounts or makes payroll payments for small and medium businesses that pay workers by check or cash OR those who deal with gig-workers can benefit from this webinar.

Highlights

• Overview of Mobile payments apps in US and international
• Global trends and market value for mobile payments
• Example of mobile payment from USA to Kenya, Africa. Use of Wave send money to MPESA account (payroll or pay for services)
• The accounting, auditing and tax challenges to the CPA  

Objectives

• Participants will be able identify various mobile payment applications and various issues that arise in accounting, auditing and taxation.

Designed For

Payroll specialists - organizations with branches in Europe, Asia or Africa Accountants for gig-workers (1099 or Corp to Corp) who reside in Asia or Africa but provide services in USA
Accountants who keep books for casual workers in North America.