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Saturday, November 7th, 2009

Online Payment companies

June 12, 2008 by moneypenny  
Filed under Personal Finance

Online Payment companies

This is a kind of unofficial poll to find out which online payment company is rated best.
These are the criteria:
1. ease of use, functionality and options.
2. service level, charges/cost and market share.
3. security, support and reliability.
4. ethical, regulated and financially sound company.
So which online payment company does these best for you.
Leave a comment and tell us your experience for the benefit of our readers.
Moneypenny

Should we be worried about the markets?

June 10, 2008 by moneypenny  
Filed under Personal Finance

Should we be worried about the markets?

Should we be worried about the financial markets? Well I think so. When companies like Lehman Bros lose 50% of their share value for the first time in their very long history, and then start scrabling around trying to raise money on the stock exchange. When major banks are being bailed out by reserve banks. When many shares are in freefall due to the jittery markets, and when the price of oil is just on a drunken rampage full of its own importance and value. When world powers can’t find a workable alternative solution to the oil producing states …read more

Another virtual way to pay, or rather, to raise real capital.

May 26, 2008 by moneypenny  
Filed under Personal Finance

Another virtual way to pay, or rather, to raise real capital.

A warm wish to all those on b5media, and of course our readers, remembering the fallen on this Memorial Day 2008. May all those who served and are serving, be remembered. Here’s the link to participate http://www.nationalmemorialdayparade.com   Last week I wrote on web money http://www.bizzia.com/webmoney-online-payments/  and  it seems that every month, there’s a new way to pay on-line. Are these virtual companies using our money held-on-line to trade with? Are they using customers online funds to raise capital to trade with. Ask some finance wizzes or a group of investment bankers, and they will tell you that for the small benefit of giving customers an alternative to using credit …read more

webmoney online payments

May 22, 2008 by moneypenny  
Filed under Personal Finance

webmoney online payments

The April issue of  DGC mag featured an article on the growth of the online payment company web money, and since we have been focusing on paypal, moneybookers and others this month, I thought it would be interesting to see how moneyweb shapes up, and what features they offer compared to the others, I covered in my last post.  Do you have a money web account? Write and tell us your experience with them.
 Thankyou to Mark at DGC mag for content and graph. http://www.dgcmagazine.com
Webmoney Shows Huge Growth In 2007

This month Webmoney Transfer announced their 2007 annual numbers and included some additional company information. …read more

Paypal vs major banks

May 21, 2008 by moneypenny  
Filed under Personal Finance

Paypal vs major banks

Paypal at present has over 120 million customers that use its services. Customers ranging from large companies who do thousands of transactions to individuals who just want to occasionally send and receive money on line. So how does paypal measure up to the banks we have been using for 100’s of years?
Well, at first glance, Paypal may seem to be the cheaper option. Yet payments are levied by paypal to receive or (bank) money. Converting from one currency to another will also cost you money, so what are the advantages over a traditional bank? Good question!
Accessibility may be one, although most major banks have been offering …read more

Online secure payments and data sharing.

May 18, 2008 by moneypenny  
Filed under Personal Finance

Online secure payments and data sharing.

This link on Paypal customers and their payment preferences, ties in rather nicely with a theme we’ve had here on digitalmoneyworld in the last week. That of security, and in particular, data security with any online payment system.
Weve spoken about scams, both with traditional banks in my last post, and also companies like moneybookers and the spammers and scammers that try to steal  your information.
The golden rule in protecting yourself here seems to be “think twice before you give out your personal information“.  How safe is it?  Where will it be used and stored, and most important, is the company/person  asking for it actually who they say they …read more

Another bank scam mail for Uk banks to deal with.

May 16, 2008 by moneypenny  
Filed under Personal Finance

Another bank scam mail for Uk banks to deal with.

According to the twitter and newspeak I hear, spammers and scammers are getting evermore present even after the biggest spammer of all time was arrested. One has to use firefox to try and weed some of them out. If you belong to google groups, yahoo, facebook or where-ever, and lets face it, most of us do, you’ll get scam mail, lots of it.
So how do you protect yourself? Because people really do fall prey to these scams.
Number 1 rule  
Banks do not contact you by e mail. If you bank on-line, you have a password to enter the system and that’s part of your security, and …read more

online payment companies who uses them?

May 9, 2008 by moneypenny  
Filed under Personal Finance

online payment companies who uses them?

 Well done Benson for setting up the donation  link for Burma. hopefully all you bullion traders will donate some of your returns to those who have lost everything, and let’s hope they open up the borders to help. 
 Today I’m including a post I made before about online payment companies. For those that think I’ve been after them, heres what I said two weeks ago:
There are surprising demographics. It is not only those who don’t have a credit card, or  who are cautious about putting credit card details online. More companies are using it to pay suppliers or freelancers who do work for them. Its a …read more

Investing and trading in e money digots ( digital shares)

April 28, 2008 by moneypenny  
Filed under Personal Finance

Investing and trading in e money  digots ( digital shares)

Most people know what e money is and have come across pay pal e pay e gold and the like. However, can these digital shares be traded like money or shares? The answer is yes, and as I’ve been saying in my last few posts, this has become a more popular investment. Much has been said about E gold ( based on gold) on this blog in the past, by Mark. I’m going to focus on digots, or digital shares which can be bought and sold and the risks and scams associated with them.
I remember driving down the road one day to work and  I saw a …read more

New IRS Online Tools For Consumers

November 13, 2007 by Mark  
Filed under Personal Finance

New IRS Online Tools For Consumers

Here is a new IRS online financial tool that could be very helpful for consumers and also could be accessed by hackers.

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