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

Assignment Help:

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.


Related Discussions:- Financial cyber-mediaries - e commerce payment system

Environmental issues, Environmental Issues: These are harmful aspects of h...

Environmental Issues: These are harmful aspects of human activity on the biophysical environment. Environmentalism, a social & environmental movement that started in the year of 1

Relationships, what are the points that strengthen your relationships with ...

what are the points that strengthen your relationships with the passage of time and develop your interest and affinity with your life partner?

Learning theory, how to write a reflection of doing the assignment?

how to write a reflection of doing the assignment?

What characteristics make a problem public, Question 1: "Public policie...

Question 1: "Public policies in a modern, complex society are indeed ubiquitous. They confer advantages and disadvantages, cause pleasure, irritation and pain, and collectively

Report, write a report about an activity

write a report about an activity

Naturalism, Naturalism: Artists of the Italian Renaissance targeted to rep...

Naturalism: Artists of the Italian Renaissance targeted to represent nature and figures more realistically than medieval artists. They made close studies of nature & the human bod

Environmental responsibility in business, Environmental Responsibility in B...

Environmental Responsibility in Business: In business there are three sources of environmental responsibilities: those needed by law, those demanded by ethics, and those that prot

Nursing, what is the regime for post op vital signs

what is the regime for post op vital signs

Cross curricular , How have people coped through history with the hazards t...

How have people coped through history with the hazards they have faced in life

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd