Ebay in Indonesia

Rabu, 30-01-2008 14:36:26 oleh: Mira Tj
Kanal: Suara Konsumen

Yesterday an e-mail drifted to mailbox from Paypal.
Judulnya:"Launching Local Bank Withdraw.
His contents explained that the owner of the Paypal account could have from Indonesia pulled money from his Paypal account and direct free was transferred to the account bank in Indonesia.
HORE!!!
Uptil now Paypal only provided fitur pulled money but was transferred to credit card for the owner of the account from Indonesia.
But by Paypal this dikenai fee IDR 50 thousand.
Now if being attracted by us money from the ATM used credit card, be hit by again fee IDR 50 thousand.
So this of HORE!!!
Today I wonder, why Paypal now gave fitur this to the owner of the account from Indonesia, the country that notabene in the year 90 was the country in an online manner-fraud highest in the world.
Then was tried by me gooling qword: ebay Indonesia.
There it Is: http://id.ebay.com/
This site was different from the site www.ebayindonesia.com that approximately last year still could be accessed.
A moment ago was tried by me visited, evidently already for smoked his site.
His front face language still in English, but if you clicked one of the merchandise things there, his contents must be in Indonesian.
Afterwards was wrong to see the HELP part, still me-refer to help Page ebay.com.
Fee that was put into effect also still in US$ (had a headache... had a headache... had a headache).
That was clear, was happy also Indonesia had finally been acknowledged by WWW.

wORLD bANK

The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the common sense. We are made up of two unique development institutions owned by 185 member countries—the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).

Each institution plays a different but supportive role in our mission of global poverty reduction and the improvement of living standards. The IBRD focuses on middle income and creditworthy poor countries, while IDA focuses on the poorest countries in the world. Together we provide low-interest loans, interest-free credit and grants to developing countries for education, health, infrastructure, communications and many other purposes.

A banker or bank is a financial institution that acts as a payment agent for customers, and borrows and lends money. In some countries such as Germany and Japan banks are the primary owners of industrial corporations while in other countries such as the United States banks are prohibited from owning non-financial companies.

The first modern bank was founded in Italy in Genoa in 1406, its name was Banco di San Giorgio (Bank of St. George).

Banks act as payment agents by conducting checking or current accounts for customers, paying cheques drawn by customers on the bank, and collecting cheques deposited to customers' current accounts. Banks also enable customer payments via other payment methods such as telegraphic transfer, EFTPOS, and ATM.

Banks borrow money by accepting funds deposited on current account, accepting term deposits and by issuing debt securities such as banknotes and bonds. Banks lend money by making advances to customers on current account, by making instalment loans, and by investing in marketable debt securities and other forms of lending.

Banks provide almost all payment services, and a bank account is considered indispensable by most businesses, individuals and governments. Non-banks that provide payment services such as remittance companies are not normally considered an adequate substitute for having a bank account.

Banks borrow most funds borrowed from households and non-financial businesses, and lend most funds lent to households and non-financial businesses, but non-bank lenders provide a significant and in many cases adequate substitute for bank loans, and money market funds, cash management trusts and other non-bank financial institutions in many cases provide an adequate substitute to banks for lending savings to.
Contents

Banks and card companies should give customers examples of what they are paying on their credit card bills, according to a representative of one debt counselling service.

James Falla, director of Thomas Charles, supported the idea of market regulators asking companies to “clearly print” the examples for card holders to avoid confusion on items such as interest rates.

Mr Falla explained: “Particularly with cards that do have high interest rates, they should be illustrating what a person is going to be paying back if they only make a minimum payment.

“That would then show us that with some of these cards, if you just make the minimum payment, it’s going to take you ten years plus to repay the amount, and you’re going to be.”

He concluded: “The card providers should spend more time illustrating the amount that people are going to pay back.”

Figures from Credit Action show that the total of personal debt in the UK increased by £122 million in the 12 moths up to October 2007.
http://fininformer.com/

Credit Card

A credit card is a system of payment named after the small plastic card issued to users of the system. A credit card is different from a debit card in that it does not remove money from the user's account after every transaction. In the case of credit cards, the issuer lends money to the consumer (or the user) to be paid to the merchant. It is different from a charge card (although this name is sometimes used to describe credit cards), which requires the balance to be paid in full each month. In contrast, a credit card allows the consumer to 'revolve' their balance, at the cost of having interest charged. Most credit cards are the same shape and size, as specified by the ISO 7810 standard. The most common credit card size, known as ID-1, is 85.60 × 53.98 mm.
Credit cards are issued after an account has been approved by the credit provider, after which cardholders can use it to make purchases at merchants accepting that card.

When a purchase is made, the credit card user agrees to pay the card issuer. The cardholder indicates his/her consent to pay, by signing a receipt with a record of the card details and indicating the amount to be paid or by entering a Personal identification number (PIN). Also, many merchants now accept verbal authorizations via telephone and electronic authorization using the Internet, known as a 'Card/Cardholder Not Present' (CNP) transaction.

Electronic verification systems allow merchants to verify that the card is valid and the credit card customer has sufficient credit to cover the purchase in a few seconds, allowing the verification to happen at time of purchase. The verification is performed using a credit card payment terminal or Point of Sale (POS) system with a communications link to the merchant's acquiring bank. Data from the card is obtained from a magnetic stripe or chip on the card; the latter system is in the United Kingdom and Ireland commonly known as Chip and PIN, but is more technically an EMV card.

Other variations of verification systems are used by eCommerce merchants to determine if the user's account is valid and able to accept the charge. These will typically involve the cardholder providing additional information, such as the security code printed on the back of the card, or the address of the cardholder.

Each month, the credit card user is sent a statement indicating the purchases undertaken with the card, any outstanding fees, and the total amount owed. After receiving the statement, the cardholder may dispute any charges that he or she thinks are incorrect (see Fair Credit Billing Act for details of the US regulations). Otherwise, the cardholder must pay a defined minimum proportion of the bill by a due date, or may choose to pay a higher amount up to the entire amount owed. The credit provider charges interest on the amount owed (typically at a much higher rate than most other forms of debt). Some financial institutions can arrange for automatic payments to be deducted from the user's bank accounts, thus avoiding late payment altogether as long as the cardholder has sufficient funds.