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


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 PayPal is now owned by

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
When should an environmental assessment be undertaken? An environmental assessment should be conducted as early as possible in the planning stage of a designated project in ord

Rhetorical Criticism: It is the analysis of a wide range of items associated to using language to have an effect on an audience. It is frequently but not always applied to writing

Applicability- This standard may be used by Federal departments and agencies when the following conditions apply: 1.   A certified official or manager liable for data secur

To what extent might a defense attorney use the Twinkie Defense as a springboard for other defenses?

The flow of money and  information between these parties - forever via  the card relations - is known as the substitution, and it consists of a few steps. TRANSACTION STEPS

Question 1: All married individuals' vow to work hard to ensure that their relationship continues (never ends). The majority of them accept the responsibility to keep each othe

In software Server used as an adjective, as in server operating system, refers to the product's capability to handle numerous requests, and is supposed to be "server-grade". A

Question : Read the following statement and answer the following questions: ‘The personalities we develop depend largely on the environment in which we live. When a child's

#question.give me a broad detail the reaction rates of different explosives and use this characteristics as a means of classifying explosives into different types.

Do you think that Hitler had any mental health issues, if so why? In your study of humanities do you think there are any specific traits which a dictator must have? It is said