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

Market participant, How does being a market participant affect the right of...

How does being a market participant affect the right of a state to discriminate against out-of-state businesses

Radio interviews, Problem 1 In what ways can radio be a better medium f...

Problem 1 In what ways can radio be a better medium for transmitting messages to an audience? Problem 2 (a) Explain three different types of radio interviews and illust

B.ed assignment, aim of education in present scenario

aim of education in present scenario

Library stacking, what do you understand by stacking? discuss the different...

what do you understand by stacking? discuss the different methods of stacking in libraries.

Assessment on develop cultural competency., this is an assessment of diplom...

this is an assessment of diploma in early childhood education and care.

Gender roles and multiple roles, Gender Roles / Multiple Roles: The diffe...

Gender Roles / Multiple Roles: The differences in health and health outcomes that we see between men and women are in part due to how society acts upon the person. Societal gender

Implementations of cryptographic modules, Implementations- Cryptograph...

Implementations- Cryptographic modules which realize this standard shall conform to the necessities of FIPS 140-1. The algorithm specific in this standard may be implemented i

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