Review a local e-commerce site

Maybank2u.com is a famous website to the consumer. Maybank online e-banking are provide a lot of services to the customer such as online bill payment, online prepare, online cards, online loans, online stocks and others.

Maybank online e-banking let customers save a lot of time and costs. It is because consumer no need to concern to the traffic jam and the parking problem and can spent the time in other more important activities. In additional, Maybank2u.com provide the customers instant online financial service and done the transaction in anytime and anywhere. The services provided by the Maybank2u.com such as online stocks gives the opportunity to view real time information, the latest market updates, access stock research as well as digest stock reports at your leisure.

Furthermore, Maybank2u.com also provides the online bill payment services to the customers. Maybank online bill payment is one of the largest bill payment portals and the number of payee corporations increases every month. This service can help the individual’s customer no need to queue up or ever be late with bill payment. From here, we can see the online e-banking are very helpful and more convenient to the consumer and at the same time can save a lot of expenses to the bank and also can attract the customer how are likely to do the transaction online.

Thing to take note to prevent e-aution fraud when a consumer participating in an e-auction.

The largest Internet auctioneer, eBay, has introduced several measures in an effort to reduce fraud.

Some are free, some are not.

The following are some of eBay’s antifraud measures:

◗ User identity verification

EBay uses the services of Equifax to verify user identities for a $5 fee. Verified eBay User, a voluntary program, encourages users to supply eBay with information for online verification. By offering their Social Security number, driver’s license number, and date of birth, users can qualify for the highest level of verification on eBay.

◗ Authentication service

Product authentication is a way of determining whether an item is genuine and described appropriately. Authentication is very difficult to perform because it relies on the expertise of the authenticators. Because of their training and experience, experts can (for a fee) often detect counterfeits based on subtle details. However, two expert authenticators may have different opinions about the authenticity of the same item.

◗ Insurance policy

EBay offers insurance underwritten by Lloyd’s of London. Users are covered up to $200, with a $25 deductible. The program is provided at no cost to eBay users.

◗Escrow services

For items valued at more than $200 or when either a buyer or seller feels the need for additional security, eBay recommends escrow services (for a fee). With an easy-to-access link to a third-party escrow service, both partners in a deal are protected. The buyer mails the payment to the escrow service, which verifies the payment and alerts the seller when everything checks out. At that point, the seller ships the goods to the buyer. After an agreed-upon inspection period, the buyer notifies the service, which then sends a check to the seller. (An example of a provider of online escrow services is tradenable.com.)

◗ Nonpayment punishment

EBay implemented a policy against those who do not honor their winning bids. To help protect sellers, first-time nonpayment results in a friendly warning. A sterner warning is issued for a second-time offense, a 30-day suspension for a third offense, and indefinite suspension for a fourth offense.

◗Verification

One way of confirming the identity and evaluating the condition of an item is through verification. With verification, neutral third parties will evaluate and identify an item through a variety of means. For example, some collectors have their item “DNA tagged” for identification purposes. This provides a way of tracking an item if it changes ownership in the future.

E-Goverment in Malaysia: Its implementation so far and citizen's adoption strategies

First, as we know E-government is a general term describing the use of technologies to facilitate the operation of government and the expense of government information and service? E-government is an short form of the phrase electronic government.

The government has invested highly in its infrastructure. The MSC contains a high-speed 10Gb/s network connecting MSC to Japan, ASEAN, EU and the US. It supports public administration, education and business applications. Malaysia was ranked 26th in the world for e-Readiness. The telephone penetration rates rose by 7 percent while for the rural sector there was a rise of 6 percent (2000).

In 1996, MSC Malaysia hosts more than 900 multinationals, foreign-owned and home-grown Malaysian companies focused on multimedia and communications products, solutions, and services and; research and development.The Malaysia Government launched the Electronic Government project, generally known as e-Government. E-Government seeks to develop the convenience, accessibility and quality of interaction with the public and business at large.

At the same time, it will improve information flow and processes within the government, improve speed and quality of policy development, and improve coordination and enforcement such as this pilot project launch by Malaysia.Project Monitoring System (SPP II), Human Resource Management Information System (HRMIS), Generic Office Environment (GOE), Electronic Procurement (EP), Electronic Services (E-Services), Electronic Labour Exchange (ELX), E-Syariah.

One of the e-Government projects Electronic Procurement (eP) Project, also known as ePerolehan. E-Perolehan is an electronic procurement system provided by the government to enable suppliers to sell their products or services on the internet. Through ePerolehan, suppliers and contractors can receive, manage, and process orders or payment from government agencies through transactions done electronically on the internet.Furthermore, using the e-Government applications can create awareness about the convenience of internet because it brings several benefits such as no traffic jam, save time and cost, and user friendly.

The application of pre-paid cash card for consumers.

Since is it almost necessary these days to pay for so many things with a credit card, it might make acquiring items and services through the internet or when you are not close to home hard when you do not have one. A debit card can be used similarly and are acknowledged the same places as credit cards, but you will have to have cash in your checking account to pay for the purchases that you make at the moment you scan the debit card.

The usefulness of a debit card may not be obvious at first, but when you use it to buy car fuel or other items and you realize that the money it cost is not going to come due with interest on your next credit card statement, and then you will experience a new feeling of power, the power of no debt.

It is certainly possible to keep yourself from purchasing things with the interest accumulating credit card and become more comfortable knowing you are getting along without going into dangerous debt.
Once you discover that it is smarter to pay as you go, and then you might discover that it is actually easier to save back a portion of the money you have been paying on credit card interest.

Financial advisers may suggest to you that if there is any interest money going someplace, it should be interest you are receiving from your money saved and not interest you pay others because of money you have already spent.

Visa plans to offer customers a prepaid cash card allowing travelers access to money at automated teller machines in 65 countries.

The VIP Visa prepaid cash card can pay the customers bills over the phone, low cost fees and that is online and offline access. Unlike traditional credit cards, the Visa® Prepaid Cash Card does not extend you credit. Instead, accounts are prepaid for a specific amount while still being backed by Visa® for universal acceptance. There is no line of credit and accounts are only good for the balance applied

According to data on online payment methods adopted for online train ticket booking, the share of cash cards has been steadily increasing over the last one year, while the share of credit cards has been slowly declining. From the total 16.27 lakh tickets booked online in September 2007, 22 per cent online payments were made using cash cards, according to Indian Railway Catering and Tourism Corporation (IRCTC) data.