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

Outline the development and progression of reconciliation, In developing ou...

In developing our awareness of Indigenous Australians, including their historical perspectives, culture and lifestyles, it is important that we recognise and understand the develop

Medical Terminology, Identify ten diagnostic medical terms that use diagnos...

Identify ten diagnostic medical terms that use diagnostic suffixes, note the suffixes, AND provide definitions. Then identify ten RELATED procedural medical terms that use proce

Honeymoon, what happens during honeymoon?

what happens during honeymoon?

Report, example of report

example of report

Determine primary internal and external influences on bank, Describe and an...

Describe and analyze the primary internal and external influences on State Bank of India. This first task should take about one fourth of your overall report.

Phillosophy, Report an example of a euphemism or dysphemism that you have c...

Report an example of a euphemism or dysphemism that you have come across. Discuss when it is and is not appropriate to use such veiled language.

selection program in hrm, ANALYZING AND EVALUATING THE EFFECTIVENESS AND E...

ANALYZING AND EVALUATING THE EFFECTIVENESS AND EFFICIENCY IN EMPLOYMENT SELECTION PROGRAMME

Environmental health, Environmental Health: According to the World Health ...

Environmental Health: According to the World Health Organization (WHO), environmental health addresses all the physical, chemical, and biological factors external to a person, and

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