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A contingent guarantee differs from a letter of credit (LC), which is more frequently used in international trade. A contingent guarantee is employed solely upon non-payment after a stipulated length by the buyer, whilst an LC is payable by the bank as quickly as the seller effects shipment and satisfies
- October 19, 2020
Wait for the money: Although transaction notifications have just been sent, the money itself can take one to three business days. Some providers offer faster, and some even offer instant transfers for a fee. May cost you when money needs to pay: Generally speaking, you can make free P2P payments directly
- October 18, 2020
Nowadays, calls from people trying to steal your money, personal data or financial information are very common. But they are some sign based on that you can assume your talking to scammer: Odd-looking phone number Delayed greeting Caller can’t communicate Caller says there’s a problem with an unknown account The
- October 18, 2020
While all major P2P systems are encrypted, or hacked, your financial information, some have been hacked and scammed. “While P2P technologies can be a great way to make money from people you trust, like any financial product, there are bad actors who use these technologies to try to divide customers
- October 18, 2020
Most people interested in learning how to trade have been told the best first step is to start with paper trading. In today’s electronic world, “paper trading” means tapping into demo programs that don’t use real money but can help you learn the market ebbs and flows and
- February 19, 2016
The emergence of micropayments in the e-commerce market has long been anticipated due to the rising number of online shoppers. Defined as any online transaction up to $10.00, micropayments allow for a la carte service on the web, replacing subscription models. The history of the Web has seen many
- February 19, 2016
Gambling has exploded online within the last few years especially in countries with stricter regulations with their selection varying from online casinos, sports booking to even online stock trading. Consumers can now gamble from the comfort of their homes or even on their mobile phones giving rise to a new
- January 29, 2016
As a global recession hits the beauty industry and minimal invasive (non surgical) treatments advance, consumers are cutting down on costly in-clinic surgical procedures and opting for online DIY options that are becoming more widely available, socially acceptable and claim to yield the same results. This has caused online pharmaceutical
- January 11, 2016
Tools to help reduce chargebacks A Chargeback is a refund that consumers may initiate by contacting their bank over a debit item on their card by filing a substantiated complain. As there are many reasons to why and how a chargeback occurs, no one-size-fits-all approach can be used. This complex task
- January 11, 2016
A Chargeback is a refund that consumers may initiate by contacting their bank over a debit item on their card by filing a substantiated complain. This could happen for a number of reasons ranging from fraudulent use of a card to simple human error such as being charged twice. Whenever
- January 11, 2016
Not all countries have credit cards as the predominant payment method when paying for goods and services online. Payment methods can be quite diverse from country to country. We at Expert Market have designed a map to display the different online payment methods of 29 countries around the world. The
- April 4, 2015
Your existing business is accepting payment manually for a couple of years. Each time a customer makes a transaction, you have to provide them the account details and request them to send back the proof of transaction for validation purpose. Cash-on-delivery(COD) services would be your next option. Perhaps this is
- December 9, 2014
By 2018 it is expected that mobile payment will take up 30% of all online transaction. In line with this rapid growth of mobile transaction, Master Card and Visa are working together to roll out a new security standard. Therefore the existing 3D Secure protocol will gradually be replaced with
- November 14, 2014
Free public Wi-Fi access at places like Coffee Bean and Starbucks are convenient, but you may be putting your device at risk. Public wireless networks are generally designed for convenience but not security. They often do not require authentication to establish an internet connection, therefore creating opportunities for hackers to
- October 31, 2014