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E-bullion business

It seems that every year payment systems one by one try to make new surprises for us. This time the surprise became from popular and known E-bullion payment system which always was considered as closed type payment system which doesn’t put into the own practice any alien business methods and stereotypes. There was set a rumor that E-bullion system is going to follow the well-known E-gold payment processor because these two systems have the same work principles and they are based on one technology. The social majority can think about this situation, “Hm... it is really strange. Why successful and developing company aim to go out from success way?” Unfortunately the recent events explain a lot of these questions and confirm the rumors. On Monday, 28 July 2008, at 6:30 PM there was found stubbed Pamela Fayed, one of co-founders E-bullion. Woman died because of numerous stabs. This news shocked social community and especially the way of murder. There are a lot different hypothesizes about...
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What is Electronic Money ?

If we speak about Electronic Money the main word here is the Money. It means that this innovation, first of all, deals with finance and economy and secondly – it is of legal nature. You cannot take this money into your hands, count with your fingers or sense its. However, it is real. Electronic money functions also prove its full value. It is the measure of value, payment means, means of circulation and (to a lower extent) means of hoarding. It meets all requirements stipulated for the world finance. That is why, electronic money are used as international payment unit. Economic Nature of Electronic Money Virtual money is information stored electronically. Electronic account’s holder is an owner of a payment instrument providing a number of opportunities. Electronic money stored electronically has, on one hand, the properties of traditional cash money, on the other – the properties of bank payment instruments. So its holder can make financial settlements as in cash circulation (bank...
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PayPal: more than 100 million users

PayPal: more than 100 million users One of the leading American on-line payment systems, PayPal, was founded in 1998. In October 2002 eBay, the leader in Internet auction business, acquired the company for 1.5 billion dollars. The number of the system users increases daily and now it exceeds 100 million. System Features Unlike other systems, PayPal is closely connected with a client’s bank account or bank cards. When the user has not enough amount on his/her PayPal account the system, as may be required, automatically takes the requested amount from his/her bank account. Besides the client’s money any time can be transferred to his/her bank account. PayPal operator has no client software to access the system. As an option for money transfer, e-mail is used as a login to enter the system. A sender goes to a web-site with his information and confirms his/her payment. A recipient gets mail including the paid amount, transaction ID and sender’s information. This system is suitable fo...
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Remittance of Funds

Carefully review your agreement with Western Union to determine when the money you receive from consumers for Western Union ® transactions must be deposited. All funds accepted for Western Union services are to be deposited into the account being utilized for Western Union, no later than 10a.m. the following business day.  Failure to deposit in a timely or accurate manner can result in a returned ACH/ DTC (Automatic Clearinghouse Transaction /Deposit Transfer Check), due to insufficient funds. You are responsible for returned ACH/DTC fees when it is determined you are at fault.  Three returned ACH/DTCs will result in automatic termination of the Agency Agreement. See more at  http://wumoneyto.com/doc/agent-guidelines/remittance-of-funds.html
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The Oldest Payment System

WebMoney   appeared   in   1998 .  At   that   time   there   were   not   so   many   people   how   knew   about   electronic   money   and   they   used   virtual   payment   systems .  In   a   decade   the   number   of   WebMoney   users   exceeded   4   million .  Sale   and   purchase   transactions   between   the   users   and   web site   owners   are   mostly   engage   WebMoney   even   when   the   partners   are   far   distant   from   each   other . What   are   WebMoney ’ s   advantages ?  First   of   all ,  it   is   quick .  Secondly ,  WebMoney   enables   seller   and   customer   to   interac...
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Moneybookers

The Moneybookers payment system was founded in the UK. Today it is popular in many European countries as well as some CIS countries. Moneybookers User’s Privileges Moneybookers users are able to send money to their credit card accounts and make money transfers to banks in different countries. Moneybookers personal account gives its users several privileges. The cost of transaction does not exceed 0.5 Euro even then the amount of the transaction is huge. No money can be transferred to the unknown users. In Moneybookers system there are partnership programs providing the users with the possibility to earn from the transactions interests. In a year one can get about 30% from each transaction commission of a newly drawn user. Registered users can have several accounts in the system, one of which is considered prime. The commission for this account will be the smallest, of about 1.8 Euro. All others will cost almost twice more. The Safest Payment System Moneybookers  is considere...
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E-Bullion

E-Bullion  is one of the most popular on-line payment systems in Europe. E-bullion is a gold-based currency. The system appeared in 2000. It is owned by Goldfinger Bullion Reserve Corporation. E-Bullion has two account types: Business and Personal. Business account can be opened by companies wishing to use the system as its main payment means. Personal account is an account for ordinary users. Account number along with the password to enter the system forms something like A12345. All transactions are made through E-bullion web-interface. Special Features and Advantages E-bullion user can choose one of three options for electronic money storage: Gold – in troy ounces; Silver – in silver measuring units; e-Currency® - in US dollars (connected with US dollar rate) The first two options the electronic balance changes depending on the world gold or silver prices. E-Currency® balance is connected with American dollar rate and depends thereon. One of E-bullion advantages for us...
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E-bullion business

It seems that every year payment systems one by one try to make new surprises for us. This time the surprise became from popular and known E-bullion payment system which always was considered as closed type payment system which doesn’t put into the own practice any alien business methods and stereotypes. There was set a rumor that E-bullion system is going to follow the well-known E-gold payment processor because these two systems have the same work principles and they are based on one technology. The social majority can think about this situation, “Hm... it is really strange. Why successful and developing company aim to go out from success way?” Unfortunately the recent events explain a lot of these questions and confirm the rumors. On Monday, 28 July 2008, at 6:30 PM there was found stubbed Pamela Fayed, one of co-founders E-bullion. Woman died because of numerous stabs. This news shocked social community and especially the way of murder. There are a lot different hypothesizes about...
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