e-commerce

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As Internet criminals grow smarter and sneakier, to avoid being a victim of fraud identity, Internet users are encourage to protect their personal data and financial information with few basic steps.

Below are some suggestions for Internet users to safeguard data:
1. Create a strong password or pass-phrase to protect access data
Use a combination of numbers and letters if possible.

2. Never reveal any personal information or passwords

After using any of the Financial Data Center or member services, remember to log out properly before leaving.

3. Avoid clicking on pop-up advertisement or downloading information from unknown websites.

4. Use own computer and avoid sharing personal computers
Users are not encouraged to use a work or public machine to access financial and other sensitive personal information.


5. Install antispyware and antivirus software
E.g Symantec, AVG, Norton and etc. It will clean and protect personal information and financial data.

In this 21st century, Internet is become common in our life. It seems that everything relies on internet. Internet is very convenience to all of us, we using it to communication, entertainment, transportation, education, and so on. How much your daily life relies on computer? How much of your personal information is stored either on your own computer or on somewhere else's system?



When we connected to the internet, we are exposing ourselves to much potential threats, such as phishing, security hacking, information theft, virus, worms and etc. When your computer exposed to these risk, all of the information stored in the devices is at the risk as well. Therefore, it is important for us to aware that computer security plays a major role in protecting their data from loss, damage, and misuse.


The best way to minimize the risk is to install anti-virus software on your computer, as well as a firewall. However, risk exposed is increasing with the increasing developed technology. Therefore, safeguards developed must be always up to date to enhance the defenses against online security threats.


For more information of antivirus software, please click the icon as below:







Now, we can use our TouchNGo card at these participating retailers. Although it was a little late, TouchNGo has finally transcend into consumer retails. TouchNGo is Malaysia first and only pre-paid cash card and recently chosen as the Best Brand based on its breakthrough from transportation and toll to areas of lifestyle services i.e retail and parking. Well...

What is the difference between credit card, prepaid debit card and prepaid cash card?
1. Credit Card - "Using Future Money"
You are simply borrowing money from the card issuer (bank). You can continue to swipe your card until you max your credit limit. The card issuer charges interest if you do not pay the full debt within the time frame. You are ok if you use it simply because of convenience and settle your debt every month. Eg: VISA and MASTER.


2. Prepaid debit card - "Using Current Money"
The money in the prepaid debit card is your hard-earned money. It requires our money to exist in the bank account. We are still using our own money, but paying with a card instead of money, a move towards a cashless society. It is a good way when you don't like the idea of bringing cash.

3. Prepaid cash card - "Cashless Cash"
The differences of a prepaid cash cash from a prepaid debit card is that you need to load a certain amount of money into the card. The card is operated by a private entity; access and usage is domestic and within that particular country. Prepaid debit card is linked to your bank account and is accepted worldwide depends on the issuer/issuee.

Now a days, the mobile payment is very popular in advance countries, like US and Japan. In these countries, the mobile users can buy anythings through their mobile phone. They just need carry their mobile phone to let the machine to scan their mobile phone and the payment can be done easily.

However, when it comes to online selling, selecting a payment gateway is one of the major obstacles faced by the merchants in Malaysia. There are too few choices available, worse, none of these limited choices are cost effective. This problem has been addressed by Mobile Money, since it allows merchants to take online order without the need for online shopper to disclose their credit card information. Thus, if the merchant is spread wide used, Malaysian can buy anythings through their mobile phone. The people no need to carry so much cash to shop.
Because of mobile money will also encourage more consumers to shop online. This will definitely be a great boon to the e-commerce industry in Malaysia. It will surely encourage more merchants to adopt online selling as an extra sales channel which complement perfectly with their offline sales channel to help them sell more of their goods and services. This feature allows merchants to accept payment via Mobile Money and process the payment in real time within clicks! For fellow merchants, please take a look at the benefits mobile money has to offer to merchant.
In order to pay using Mobile Money, a shopper must have either a savings, current or credit card account with participating banks. It functions like a Credit Card if a shopper applies for a "Pay by Mobile Phone" credit card account. The shopper will be billed by the bank accordinly by month's end. In addition, it functions as a Debit Card if it is tied to shopper's savings or current account. The amount will be deducated instantly from the account upon successful transaction.

On the other hands, the mobile payment has followings advatanges :

• No minimum monthly transactions, No Rental Fees
• No merchants account required
• Selling to anyone, anywhere & anytime
• Gets paid fast and faster turnover in 2 Days
• Flexible methods to Request for Payment: Fixed Line IVR, SMS, WebLink, Mobile Money website
• Good audit trail and secure ticketing
• Marketing & points system opportunities using the Mobile Money SMS systemo

Conclusion, it is no doubt that the mobile payment can not be adopted in Malaysia.

What is eletronic currency?

Electronic currency is known as e-money, electronic cash, electronic money, digital money, digital cash or digital currency which is exchanged only electronically. Typically, this involves used of computer network, the internet and digital stored value systems. Electronic funds transfer and direct deposit are examples of electronic money. Meanwhile, it is also a collective term for financial cryptogrphy and technologies enabling it.


While electronic money has been an interesting problem for cryptography. Currently, used of digital cash has been relatively low-scale. One rare success has been Hong Kong's Octopus Card system, which started as a transit payment system and has grown into a widely used electronic cash system. Singapore also has an electronic money implementation for its public transportation system (commuter trains, bus, etc), which is very similar to Hong Kong's Octopus card and based on the same type of card (FeliCa).


By the way, if a person goes to a web-site to sell any goods purchases anything things that they desired, these must communicated by e-cash or e-currency. Anyone wish to sell anythings through internet can set any amount. Normally the vendor will base on their own country currency to set the selling price. On the other hand, the person who sell the goods to global will normal set the price in US dollar.

Just buy and sell via internet!! It's very convinience!! The currency can be set as your desired...