Evaluation of Some Online Payment Providers Services. Dr. Hidaia Mahmood Alassouli

Чтение книги онлайн.

      Evaluation of Some Online Payment Providers Services

      Best Online Banks and Visa/Master Cards Issuers

      By

      Dr. Hidaia Mahmood Alassouli

       [email protected]

      While every precaution has been taken in the preparation of this book, the publisher assumes no responsibility for errors or omissions, or for damages resulting from the use of the information contained herein.

      Evaluation of Some Online Payment Providers Services

      Copyright © 2020 Dr. Hidaia Mahmood Alassouli.

      Written by Dr. Hidaia Mahmood Alassouli.

      1-Introduction

      A digital wallet also known as "e-Wallet" refers to an electronic device, online service, or software program that allows one party to make electronic transactions with another party bartering digital currency units for goods and services. This can include purchasing items on-line with a computer or using a smartphone to purchase something at a store. Money can be deposited in the digital wallet prior to any transactions or, in other cases; an individual's bank account can be linked to the digital wallet. Users might also have their driver's license, health card, loyalty card(s) and other ID documents stored within the wallet. The credentials can be passed to a merchant's terminal wirelessly via near field communication (NFC). Increasingly, digital wallets are being made not just for basic financial transactions but to also authenticate the holder's credentials. For example, a digital wallet could verify the age of the buyer to the store while purchasing alcohol. The system has already gained popularity in Japan, where digital wallets are known as "wallet mobiles”. A crypto currency wallet is a digital wallet where private keys are stored for crypto currencies like bitcoin.

      Online banking, also known as internet banking or web banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website. The online banking system will typically connect to or be part of the core banking system operated by a bank and is in contrast to branch banking which was the traditional way customers accessed banking services. Some banks operate as a "direct bank" (or “virtual bank”), where they rely completely on internet banking.

      Internet banking software provides personal and corporate banking services offering features such as viewing account balances, obtaining statements, checking recent transactions, transferring money between accounts, and making payments.

      A crypto currency exchange, or a digital currency exchange (DCE), is a business that allows customers to trade crypto currencies or digital currencies for other assets, such as conventional fiat money or other digital currencies. A crypto currency exchange can be a market maker that typically takes the bid–ask spreads as a transaction commission for is service or, as a matching platform, simply charges fees.

      A debit card is a payment card that deducts money directly from a consumer's checking account to pay for a purchase. Debit cards eliminate the need to carry cash or physical checks to make purchases directly from your savings. It is similar to a credit card, but unlike a credit card, the money is immediately transferred directly from the cardholder's bank account when performing any transaction

      A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's promise to the card issuer to pay them for the amounts plus the other agreed charges.[1] The card issuer (usually a bank) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance.

      As Electronic banks and E-wallets and Crypto currency Exchanges are important in internet shopping and Ecommerce and crypto currency trading. We have nowadays many online payment providers and so it becomes very difficult for the users to compare in between them to choose the best in term of deposit and withdraw fees.

      I will not go in detail on each payment provider services, rules and fees. I will just list roughly most commonly used online payment providers for sort of comparison in between them. I will specifically compare the withdraw and deposit fees for each one. I will mention also some of the difficulties I met with some of them because lack of their services in my country Palestine.

      I will also show how to get Visa and Master Debit Cards online.

      The report consists of the following parts:

      2- How to get a Visa/Master Card worldwide online :

      Here top international cards providers for some countries

      1- payoneer.com

      Payoneer is a financial services company that provides online money transfer, digital payment services and provides customers with working capital. Payoneer.com offers multiple payment solutions and overseas money transfer solutions. СКАЧАТЬ