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

Business Organization law, hi i want help in making of assignment of organi...

hi i want help in making of assignment of organization law

Direct goods, How could FreshDirect use a kiosk to improve its business?

How could FreshDirect use a kiosk to improve its business?

The "you" view, how do i turn this into a positive sentence? "our safety po...

how do i turn this into a positive sentence? "our safety policy forbids us from renting power equipment to anyone who cannot demonstrate proficiency in its use."

Histology of digestive organs, what are glands present in the tunica mucosa...

what are glands present in the tunica mucosa of the stomach, small intestine and large intestine ?

Security model, SECURIT Y MODEL A computer security model is a system ...

SECURIT Y MODEL A computer security model is a system for identifying and enforcing security policies. A security model may be established upon a formal model of access rights

Tony, Your organization has conducted a SWOT analysis and has determined th...

Your organization has conducted a SWOT analysis and has determined the strategic goals and objectives for the organization. One of the threats that they have identified for the org

Why counsellors should be culturally competent, In counselling, there are...

In counselling, there are several counselling therapies that will be used. One of them is the Person-Centered therapy developed by Carl Rogers. Critically show three key qual

Government policy analysts, Government Policy Analysts: Such are responsib...

Government Policy Analysts: Such are responsible for creating program policy and then evaluating its efficiency. This introduces pertinent decisions along with data sets and hypot

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