| Publisher | OReilly Media | ||
|---|---|---|---|
| Format | 112.7KB PDF | Date added | 26 Aug 2004 |
| Topics | Online Banking, Online Trading | ||
| Downloads | 730 | ||
It's a little-known fact that one can send money to anyone who has an email address: the person to whom one sends money doesn't need a PayPal account! The only information one needs is the recipient's email address and, of course, the amount of money one would like to send. Back in the days when PayPal was giving away $10 for each new account referred, some entrepreneurial students would send $.20 payments to every kid in their school in hopes that the recipient would create an account. If no one claimed the payment, the money would eventually go back to the sender.
Did you find this white paper useful?
28 out of 50 users found this white paper useful
Related white papers
Securing Online Banking on an Unprecedented Scale
This large commercial bank in Asia serves over 12 million customers. The challenge was to offer compelling eBanking services with reliable security measures to protect transactions and reassure customers and...
SBI Sumishin Net Bank: A Full-Banking Service, Internet-Only Bank
Headquartered in Tokyo, SBI Sumishin Net Bank is an "Internet-only" bank established as a joint venture between SBI Holdings and Sumitomo Trust & Banking. In Japan, competition in the Internet...
Customer Assurance Leads to Plunging Costs and Climbing Profits
The company is one of the largest financial organisations in Europe with 40 million customers, over 10,000 branches and an operating profit of over $5 billion ($7 bn). The challenge...
TODO1 Brings Mobile Banking to Latin America Using the Valista Service Delivery Platform
Headquartered in Miami, TODO1 is spearheading the development of electronic financial services in Latin America. TODO1 needed to deliver banking services to mobile phones for customers of a consortium of...
For Fail-Safe Firewall Protection From Cyberattacks, Charter Bank Depends on NetSolve's Around-the-Clock Monitoring
Charter Bank, a community bank located near Detroit in Wyandotte, Michigan, operates eight banking offices and a growing Internet banking business. In the summer of 2000, Charter Bank launched its...
Home Use Program Is Popular Employee Benefit at Top Financial Software Provider
Based in Hillsboro, Oregon, Corillian Corporation is the market-leading provider of highly scalable and secure Internet-banking and fraud-prevention applications, serving more than 25 percent of U.S. online banking users. Corillian...
Barclays Bank PLC - Bank Adopts Technology to Improve Customer Satisfaction and Promote Retention
Barclays Bank PLC provides banking, investment banking, and investment management services throughout the world, including the Arabian Peninsula. After introducing consumer banking services in the United Arab Emirates, a system...
