Financial cyber-mediaries - e commerce payment system, Other Subject

FINANCIAL CYBER-MEDIARIES

These are companies that facilitate financial transactions to become known over the internet. Kind of transactions include: C2C, C2B, and/or B2B. One of the most excellent recognized and most unbeaten financial cyber-me diaries is PayPal. This free online service allows consumers and/or businesses to send money to anybody with an email address in 45 countries. PayPal is usual by thousands of businesses worldwide and is the preferred payment method on eBay.com. PayPal is now owned by ebay.com.

Many of the me diaries allow consumers to set up an account quickly, and to transfer funds into their traditional bank account (typically via ACH transactions)  from online accounts , and vice versa, after confirmation of the consumer's individuality and ability to access such bank accounts. In addition, the better me diaries additional allow transactions to and from credit card accounts, though such credit card transactions are typically assessed a fee (either to the recipient or the sender) to recoup the transaction fees charged to the me diary.

The simplicity and rate with which cyber-mediary accounts can be recognized and used have contributed to their extensive use, although the risk of theft, abuse, and other problems-with discontented users regularly accusing the mediaries themselves of wrongful behavior-is linked with them.

Posted Date: 10/12/2012 9:19:30 AM | Location : United States







Related Discussions:- Financial cyber-mediaries - e commerce payment system, Assignment Help, Ask Question on Financial cyber-mediaries - e commerce payment system, Get Answer, Expert's Help, Financial cyber-mediaries - e commerce payment system Discussions

Write discussion on Financial cyber-mediaries - e commerce payment system
Your posts are moderated
Related Questions
Problem 1: (a) What do you meant by ageing? (b) Explain the ageing process from the physical/physiological angle. (c) Show ageing from the psychological point of view.

Question 1 Write a long note on the Editing Process Question 2 What does adding pictures to a page with news stories do? Discuss in detail Question 3 Write a note

Instructions You have been appointed as the environmental manager of Snackfoods Ltd. Read the description of the company’s activities and answer the questions below. Snackfoods Cas

QUESTION Outsourcing has been declared as a life saver for many firms. However, outsourcing relationships need to be managed carefully to gain maximum benefits (a) What woul

Question 1 Write a long note on the direction of light, describing direct and indirect light, frontal lighting, side lighting and back lighting Question 2 Write a long not

Discuss the family, social, and intimate relationships of the person in the case study below. Identify any role changes that have occurred. Explain the immediate and future

Chose an education institute which has not yet deployed a fully integrated management information system and design a “Learning management information system” to ensure efficient a

What would a strict deontologist do? Why?

Securit y Classification for Information A significant feature of risk management and information security is recognizing the importance of information and defining suitable p