Creative E-com

Pre-paid cash cards have been a popular concept throughout America for almost a decade. Now it has penetrated almost all the countries. A pre-paid card has the appearance of any other credit or debit card. It can be used to purchase goods and services in much the same way, but instead of spending credit or money from bank account; consumer can only spend what has been pre-paid onto the card. When purchasing goods, the pre-paid card can be placed into the card terminal, will then be required to key in pin number or sign the payment slip. When shopping online, one can simply enter the corresponding card details. Typical applications of pre-paid cash cards include transit system fare cards, gift cards, and telephone prepaid calling cards. In addition, employers are beginning to issue payroll cards to pay employees.

This card plays a vital role in controlling the consumers spending. The pre-paid card gives much greater control of spending and budgeting. Statements with a full breakdown of what was bought and from where are provided periodically, just like a credit card statement. It can also be used as an alternative way for parents to give money to their children. A pre-paid card can be handy if a person don't have a bank account, or don't want to carry cash for security reasons.

Besides that, there are no credit checks being carried out. Therefore, so consumer can get a card even with a poor credit history. If one has no credit footprint in the UK, consumer is a new immigrant or a young adult, can still obtain a pre-paid card. This card can also be travelling companion. Pre-paid cards can be used in ATMs worldwide. They work well in place of traveller’s cheques, so one can avoid expensive exchange rates or commission charges.

Technological advances in prepaid enable cardholders to manage their prepaid card account using mobile phone. The use of M-Transactions (mobile transaction) functionality adds significant value to client card programs, and in turn provides cardholders with the maximum flexibility and accessibility to manage their funds. The development of proprietary technology enables Prepaid Card cardholders to initially load the card, top-up their account, obtain a balance, transmit funds to secondary cardholder (Money remittance) and temporarily block a card.

M-Transactions is typically available in one of following formats

1. A web portal for card holders, banks, and programs featuring card to card transfers, mobile to mobile transfers, balance inquiry, transaction history, statement summary.

2. SMS service offering that provides the ability to do card to card transfers, mobile to mobile transfers, balance inquiry, card locking and unlocking.

3. Java Mobile Technology - JME (Java Mobile Edition) software that provides the ability to do card to card transfers, mobile to mobile transfers, balance inquiry, card locking and unlocking with a higher level of security through private key encryption of the message data.

The payment card industry is undergoing a revolution through the emergence of prepaid cards. Prepaid Card solutions are ideally positioned as a replacement to cash and paper-based processes. For cardholders, Prepaid Cards are an innovative, cost effective, convenient and secure payment method.

E-government is the use of information technology in general, to provide citizens and organizations with more convenient access to government information and services and to provide delivery of public services to citizens.


The implementation of e-government in Malaysia and also the issues are information technology provides some powerful supporting tools for e-government, which may empower government to provide additional and/or new services to the public that otherwise, may not be possible. Future studies can look into how to provide new and value-added services through integrated e-government. It is also has qualification and training issues in e-government. While e-government has a potential to substantially change the current way the public sector operates and functions, new qualification requirement arise for users, managers, and decision makers in public administration. As a result, effective training programs should be worked out to meet this potentially large demand from the public sector. However, little researcher has been done in this area.


Adoption and usage by citizens is the one of the most important issues in implementation e-government. Warkentin et al. (2002) constructed a model that attempts to explore this issue. They believe that the adoption rate depends on many variables. One of the major variables is “trust in e-government,” which is itself determined by several variables. Other variables, such as perceived ease of the use and perceived usefulness, are generic to EC adoption. Moderating variables, such as culture, also are important.

Electronic auction (e-auctions) is auctions conducted through online. There are many people buying and selling products or services through the internet. But, the fraud occurring today became the big problem for the people who doing the transactions.

There are some prevention method for e-auction fraud such as:

• 
  
  Feedback Forum: The eBay Feedback Forum allows registered buyers and sellers to build up their online trading reputations. It provides users with the ability to comment on their experiences with other individuals.


• 
  
  Verification system: Through verification, third parties will evaluate and identify an item through a variety of means. For example, some collectors have their item “DNA tagged” for identification purposes. This is a way of tracking an item if it changes ownership in the future.


• 
  
  Authentication service: Product authentication is a way of determining whether an item is genuine and described appropriately. Authentication is very difficult to perform because it relies on the expertise of the authenticators. Because of their training and experience, experts can (for a fee) often detect counterfeits based on subtle details. However, two expert authenticators may have different opinions about the authenticity of the same item.


• 
  
  Appraisal services: Appraisers use a variety of methods to appraise items, including expert assessment of authenticity and condition and reviewing what comparable items have sold for in the marketplace in recent months. An appraised value is usually accurate at the time of appraisal but may change over time as an item becomes more or less popular in the marketplace.


• 
  
  Nonpayment punishment: eBay implemented a policy against those who do not honor their winning bids. To help protect sellers, first-time nonpayment results in a friendly warning. A sterner warning is issued for a second-time offense, a 30-day suspension for a third offense, and indefinite suspension for a fourth offense.


• 
  
  Escrow services: An escrow service is a licensed and regulated company that collects, holds, and sends a buyer's money to a seller according to instructions agreed on by both the buyer and seller. Typically, once the buyer receives and approves the item from the seller within an agreed time frame, the escrow service then sends the payment to the seller.
  

You may have probably heard from a friend or may have read in an article online about this very profitable, very easy and trusted way to earn money in the internet. You are probably interested as you have always wanted to earn some income even while you’re at home with the kids. The problem is you still haven’t decided yet if this electronic currency trading is really for you. You are scared to take on the risk and scared to try. Maybe you are thinking that this is just another one of those business hypes that require you to give out much money and have little or no returns.

What is e-currency?
Electronic currency means the money that we use over the internet. Electronic currency allows its holder to buy the goods and the services that the hugeness of the internet offers. Electronic currency trading, therefore, means buying and selling of this internet money. Just like in normal everyday monetary currencies, electronic currencies are also varied. Each one of them is backed by an underlying monetary currency or in some cases, even valuable or precious metals.

Benefit of e-currency
One of the primary benefits about electronic currency trading is that it allows us to do business and earn with only a few dollars of investment. In fact, some electronic currency trading experts even suggest that beginners should start with only a few dollars so that they can first learn the ropes about electronic currency. Electronic currency trading does not demand much and it is really up to you if you want to increase your investment or not. With electronic currency trading you are given many opportunities to profit without spending too much on investment.

The second thing about electronic currency trading is that it has a low transaction cost. Unlike other businesses that eat up your profit with exorbitant fees, electronic currency trading allows you to do business with minimal fees giving you more profit and more money for you.

The third benefit about electronic currency trading is its flexibility and convenience to the persons involved. Since you do business online, you are given much freedom on how to schedule your day. You can work with any electronic currency trading market that best suits your needs for any time of day. The electronic currency trading business does not sleep so night or day; the world is just at your fingertips. Aside from the schedule flexibility, electronic currency traders can also conduct business anywhere in the world. Whether they are at home, in their regular place of work, at the park, at the coffee shop or virtually anywhere, so long as there is an internet connection, electronic currency trading can be had. Electronic currency trading is not only very profitable it is also very convenient for us.

One of the example of e-currency Website www.paystone.com.

In this Website, we can know that Pay stone micro payment is cost effective, convenient, easy to managed and secure.

What is Phishing?

Phishing is a new type of network attack where the attacker creates an imitation of an existing Web page to trick users into submitting personal, financial, or password data to what they think is their service provides’ Website. The frequently used attack method is to send e-mails to potential victims, which seemed to be sent by banks or online organizations. In these e-mails, they will make up some causes, e.g. the password of your credit card had been mis-entered for many times, or they are providing upgrading services, to attract you visit their Web site to conform or modify your account number and password through the hyper link provided in the e-mail. You will then be linked to a fake website after clicking those links. The style, the functions performed, sometimes even the URL of these faked Websites is similar to the real Website. It’s very difficult for you to know that you are actually visiting a malicious site. If you input the account number and password, the attackers then successfully collect the information at the server side, and is able to perform their next step actions with that information like withdraw money out from your account.

How to Prevent Yourself from Phishing?

The best way you can prevent yourself from phony phishers is to understand what legitimate financial service are providers. Most importantly, legitimate entities will not ask you to provide or verify sensitive information through an email.

Follow these five simple steps to prevent yourself from phishers:

1. Pick up the phone to verify — do not respond to any emails that request personal or financial information, especially ones that use pressure tactics or prey on fear. If you have reason to believe that a financial institution actually does need personal information from you, pick up the phone and call the company yourself using the number in your rolodex, not the one the email provides!

2. Do Your Own Typing — Rather than merely clicking on the link provided in the email, type the URL into your web browser yourself or uses a bookmark you previously created. Even though a URL in an email may look like the real deal, fraudsters can mask the true destination.

3. Beef up your security — Personal firewalls and security software packages with anti-virus and anti-spam are a must have for those who engage in online financial transactions. Make sure your computer has the latest security patches, and make sure that you conduct your financial transactions only on a secure web page using encryption. You can tell if a page is secure in a couple of ways. Look for a closed padlock in the status bar, and see that the URL starts with “https” instead of just “http”.

• Security Tip: Some phishers make spoofed websites which appear to have padlocks. To double check, click on the padlock icon on the status bar to see the security certificate for the site. Following the “Issued to” in the pop-up window you should see the name matching the site you think you’re on. If the name differs, you are probably on a spoofed site.

4. Read your statements — don’t toss aside your monthly account statements! Read them thoroughly as soon as they arrive to make sure that all transactions shown are ones that you actually made, and check to see whether all of the transactions that you thought you made appear as well. Be sure that the company has current contact information for you, including your mailing address and email address.

5. Spot the sharks — Visit the Website of the Anti-Phishing Working Group at www.antiphishing.org for a list of current phishing attacks and the latest news in the fight to prevent phishing. There you’ll find more information about phishing and links to helpful resources.