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08 Aug 06
Protect your privacy with online payment services
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Protect your privacy with online payment services
Published: October 8, 2004 | Updated: July 14, 2006
Payment Systems: Paypal, TradEnable, Mondex, Internet Cash
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Internet Payment Systems
A review on alternate online payment systems.
Over the last two years there have been a number of initiatives on the
Internet Payment Front. Ever since the dawn of e-commerce, Credit Cards
have ruled the roost, primarily because they were already in wide circulation
and used extensively by the brick and mortar business. However, credit
cards, while great for the day to day purchased in the physical world,
came across one big problem in the virtual world.
Escrow Service offers online payment solution., Alibaba.com
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February 9, 2005 - Via website, AliPay online escrow system is available to all businesses and individuals in China. Payment system is partnered with national banks such as China Merchants Bank, China Construction Bank, Agricultural Bank of China, and Industrial and Commercial Bank of China. To conduct transaction, buyer sends payment to AliPay account, where it is held in escrow. Once buyer indicates product has been received, money is transferred to seller.
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