The Virtual World's Currency
Have you heard of merchant accounts? Web merchant accounts? Credit merchant accounts? Paypal? The impression of these terms to me is a different World Currencies used in a different planet.
One day, I went through the net to look for a job and found lots at one click. Lured by the Piper's music, I trailed after every instruction to get me to send my application for the job I was applying for. The journey ended with the item which says something about Paypal location. With nary a knowledge about it, I abandoned the whole process as fast as I can.
In another occasion, I saw this gorgeous dress being auctioned on a certain site on the net. It was the last day of bidding and the price was very reasonable. I wanted to close the bid and bring home the dress. Then, an automated question asked me for my credit card account number which I did not have. I lost the bid for I never got to that round. I lost the dress as well for not putting the bid.
Still in a different situation, I was told I could sell my property faster if I place an ad on the net. And so I did. I took pictures of the property I was trying to sell. I wrote a good description about it. Then, I was asked to pay a certain amount which I think was reasonable enough for the placement of such an ad. However, I ran out of it when the mode of payment was asked. For the simple reason, I did not know.
In the real world, if I may use the term to distinguish from the web for it seemed to be a world of its own, business transactions are dealt with through a mode of payment through World money .
In the virtual world, there seemed to have a currency of its own. I have encountered Paypal. There are the so-called merchant accounts, web merchant accounts, credit merchant accounts.
I have read articles by a merchant accounts' specialist, Brian Armstrong and as I have gathered so far there are many possible payment options for customers on the web. One can opt for a Paypal account. But those who are not willing to sign up for one, may choose other web merchant accounts.
These modes of payments can be used in buying and selling online. These can also channel payments for the services and goods provided for both buyers and customers, employers and service-providers.
Fraudulent transactions can also happen through these web merchant accounts. But there are fraud controls which one can opt for World Money .
Options are open for the convenience of the customers. They can either use credit cards and merchant accounts can process them. They can even refer to a merchant accounts' specialist. Or they can opt for good old Paypal. In whatever way, business transactions have to be done with the lowest outlay as possible.
Have you heard of merchant accounts? Web merchant accounts? Credit merchant accounts? Paypal? The impression of these terms to me is a different World Currencies used in a different planet.
One day, I went through the net to look for a job and found lots at one click. Lured by the Piper's music, I trailed after every instruction to get me to send my application for the job I was applying for. The journey ended with the item which says something about Paypal location. With nary a knowledge about it, I abandoned the whole process as fast as I can.
In another occasion, I saw this gorgeous dress being auctioned on a certain site on the net. It was the last day of bidding and the price was very reasonable. I wanted to close the bid and bring home the dress. Then, an automated question asked me for my credit card account number which I did not have. I lost the bid for I never got to that round. I lost the dress as well for not putting the bid.
Still in a different situation, I was told I could sell my property faster if I place an ad on the net. And so I did. I took pictures of the property I was trying to sell. I wrote a good description about it. Then, I was asked to pay a certain amount which I think was reasonable enough for the placement of such an ad. However, I ran out of it when the mode of payment was asked. For the simple reason, I did not know.
In the real world, if I may use the term to distinguish from the web for it seemed to be a world of its own, business transactions are dealt with through a mode of payment through World money .
In the virtual world, there seemed to have a currency of its own. I have encountered Paypal. There are the so-called merchant accounts, web merchant accounts, credit merchant accounts.
I have read articles by a merchant accounts' specialist, Brian Armstrong and as I have gathered so far there are many possible payment options for customers on the web. One can opt for a Paypal account. But those who are not willing to sign up for one, may choose other web merchant accounts.
These modes of payments can be used in buying and selling online. These can also channel payments for the services and goods provided for both buyers and customers, employers and service-providers.
Fraudulent transactions can also happen through these web merchant accounts. But there are fraud controls which one can opt for World Money .
Options are open for the convenience of the customers. They can either use credit cards and merchant accounts can process them. They can even refer to a merchant accounts' specialist. Or they can opt for good old Paypal. In whatever way, business transactions have to be done with the lowest outlay as possible.
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