Monthly Archives: September 2018

Wireless Credit Card Terminal – A Perfect Example Of High Technology That Has Changed The Method Of

We are living in a highly developed society that is completely based on high-end technology and in every field we can experience the contribution made by the latest technology. It has made our life simple, easier and convenient in various aspects and we have experienced the major transformation it has made in our life. One of the best results of this technological development is the credit card that is used for payment of almost every transaction we make. A credit card payment system is much safer and easier than the traditional method of cash payment. Credit card and wireless credit card terminals have changed the method of online and offline shopping.

A credit card swipe terminal is essential for a shopkeeper, who wants to accept credit cards in their shops. Traditionally this terminal has a magnetic strip reader, a display and a keypad. Sometimes a printer is also attached. The latest version of the credit card terminal is a wireless credit card terminal, which is most suitable for restaurants and cab firms. Wireless credit card terminals allow a person to process credit cards electronically anywhere and it allows business to process transactions from mobile locations efficiently and quickly. This terminal is mostly used by businesses that mainly operate in a mobile environment. For mobile business it is the easiest way to conduct transactions for their business.

The working process of the wireless credit card terminal is same as the traditional credit card machine, except that the transaction in the wireless terminal occurs over wireless networks instead of phone lines. The wireless credit card terminal is the most advanced processing terminal and it still incorporates time tested technology to ensure their durability and reliability. Presently some terminals operate on GPRS wireless network giving complete advantage in wireless availability over any other wireless terminals. These terminals are the most cost effective method for wireless credit card processing.

Wireless terminals do not have any wires connected to them hence it can be moved to any place and this is the biggest advantage with the wireless credit card terminal. Moreover these terminals are small, lightweight, portable, and hence it could be easily carried inside a pocket to any place. It can accept the card virtually at any place. These terminals do not require any separate phone lines. Wireless technology is quite safe and secured and it also reduces the chance of fraud or stolen cards. It also eliminates the involvement of hard cash in the transaction thus reducing the chance of error in calculation.

Id Guard Vs . Myfico Comparison – Analysis Free Credit Score Gives.

When you’re trying to confirm your credit history for free online, you don’t are looking for to leap through a variety of hoops gain access to your info. And you’d probably prefer not give out your credit card information whilst your Social Security number preferably. Today, we’ll examine Identity Shield and MyFICO in addition to compare their free credit score offerings and pay attention to which one provides a better value.

MyFICO Review

MyFICO is the one company you may have heard of especially if you’re a fan regarding Suze Orman. She can be a big suggest of keeping an eye on your CREDIT score. Since the majority of major lenders uses your FICO score to guage your credit worthiness, this is a great idea.

The MyFICO free of charge FICO credit score offer is simply that – a no cost score present. You also have a breakdown of this score and what this means to likely lenders. You complete need a card and you’ll be decided upon a 10 day time trial of these Score Enjoy product that is basically credit rating monitoring. You can contact them inside the 10 days and not be charged, else this fee can be $12. 95 a month which is about the industry average.

The just downside towards the MyFICO offer you is which it only is sold with one score derived from one of credit bureau. If you’ll need a more finish picture of one’s credit worthiness then a Identity Guard could possibly be more to suit your needs.

Identity Shield Review

Identity Shield offers just about all three fico scores with data from Transunion, Equifax, and Experian. This permits you to know predicament with each credit scoring agency. You might find you have got 2 great scores in addition to 1 undesirable score on account of inaccurate information.

Identity Safeguard will monitor all three credit reporting agencies for a person plus provide you with up to be able to $1 mil in personality theft insurance plan which MyFICO does not.

Identity Guard now offers Internet monitoring, lost billfold protection, and on the net financial instruments that will help you to analyze your credit and have insights in your monetary future. This 3 free people’s credit reports offer will be more comprehensive than the 1 free credit score offer from MyFICO.

You will even need a card to sign up for the free 30 day trial period. This provides you with a for a longer time time to guage the support and decide if you want to keep that or not. After the one month trial, the month to month fee is $14. 95.

Now you’ve got a quick comparison on the MyFICO along with Identity Guard free credit score offers in addition to understand the advantages and costs of each. Your next thing is to ascertain a better fit to suit your needs and get your free people’s credit reports.

Free Prepaid Credit Card And International Money Transfer In Uk

What Is A Prepaid Credit Card?
Generally a prepaid card is used for making payments and can be easily loaded with the desired amount of money by the cardholder. A prepaid credit card looks similar to a common credit or debit card along with a signature lining, the company branding and the card number. However, these prepaid credit cards are a bit different from the normal debit or credit card in a sense that they do not provide the cardholder with the facility of a line of credit. Usually these cards are Prepaid Maestro card or a Visa MasterCard.

Prepaid credit cards UK are completely in control of the user and the account for the particular prepaid card can be conveniently opened by giving a deposit to the credit card company. The deposit in turn serves as the credit limit of the prepaid card. As per the requirements and desire of the user, the particular amount of money can be added to the card and the amount deposited in the account can be further spent by the user.

In case the cardholder tries to spend more than the actual limit of the prepaid credit card, the action is denied. In a way, these types of credit cards work as the best option for those who are looking forward to build credit.

Features Of Prepaid Credit Cards
Another striking quality of the prepaid credit cards is that the user cannot avail the service of borrowing money but can use the respective Maestro or Visa MasterCard in any part of the world. As these prepaid credit cards can be easily used by the cardholder, there are a few attractive features that come along with these cards. They are:

1. Telephone shopping
2. Mail order shopping
3. Land based shopping
4. Internet or online shopping
5. Topping up amount in mobile phones
6. Paying bills

Our Compare Money Transfer UK, compares prepaid credit card to inform you of the best alternatives to transferring your cash. Prepaid credit cards are pay as you go cards, No credit checks, No bank account required, All you need is your ID to get a prepaid credit card.

Smart Christmas Shopping with Your Credit Card

Christmas season is once again here. And as a tradition, gift giving is also just around the corner. Most consumers prefer to use their credit cards when shopping for gifts. They are safer to carry around when shopping and more convenient as well. Nevertheless, credit cards should also be used with care. Consider the following credit card tips for your Christmas shopping and get the most of what your credit cards have to offer:

Take advantage of 0% rate offers. When shopping for a season, its best to use a credit card that has a low interest rate or even a zero APR. Most credit cards offer 0% APR from six months to a full year so if your current credit cards dont give you that flexibility, its smart to get a credit card with a low interest advantage.

Gather your rewards. A reward credit card is best for shopping for the holidays. Since youll be making a lot of purchases, you might as well get incentives out of them. A cash back reward credit card gives you the opportunity to get more savings and more value for your money. If youre thinking about going on a Christmas vacation, you can save a great deal from your travel expenses if youre going to apply for a credit card with a Travel Miles Reward program early in the year.

Check your billing statements. Check your credit card statement for accuracy and make sure that all the charges in your account are purchases that you did make. If you have any disputes about the charges, dont hesitate to inform your bank right away. Remember, you have the right to dispute claims under the Federal Law. If you do have disputes, dont just inform your bank by phone. Send a follow up dispute letter via registered mail as well.

Create a shopping list. Just because youre using your credit card in purchasing gifts means you can splurge all you want. Its best to write down your exact budget for the gifts you plan to give. It will also allow you to think about the best gift that will make someone happy.

Write down all the people who you want to give gifts to and beside each persons name, write down the estimated amount of gift youre willing to spend. Add up the total of all the gifts youll be purchasing so you can have an idea of how much youll be charging on your credit card. Fight the temptation to go over the amount youve already listed in your list.

Dont take out cash from your credit card. Never use your credit card for debiting cash. Always remember that cash advances automatically charge you with interest because its not included in the grace period of the card.

Pay your bills on time. After the shopping is over, make sure that youre prepared to make your repayments. Submit your credit card payment on time and never ever make the mistake of delaying or putting off with your payments.

The Reason Why an Online Credit Card Application is the Advisable Alternative

The times when your mailbox was filled up with bank card promotions as well as card applications are pretty much gone once and for all now. You may still be given a few, but we are now in the time belonging to the online credit card application. In place of a mailbox full of solicitations, we now have comprehensive web pages where you can compare and contrast promotions and apply over the internet.

Currently more and more individuals are making use of the web to apply for credit cards for several common sense reasons. It is without a doubt much easier. Some companies will give you a response in a minute or so. in addition the ease of comparing and contrasting the various promotions is certainly preferred. Furthermore, there are no worries concerning your data getting into the wrong hands as long as you are cautious.

When you want to submit an online credit card application, be cautious about clicking the links which were sent by e-mails that offer cards. You need to proceed directly to the card providers or a respectable web site. By keeping your own personal data private, you won’t need to feel anxious about someone victimizing you.

A number of the large companies today have websites for consumers to see their specific promotions, apply for charge cards and even stay on top of their credit accounts once they are given their own card account. It’s a whole lot simpler to click on the hyperlinks to discover details about the cards than it is to go over stacks of papers with tiny print.

When you realize an online credit card application certainly is the ideal way for you to fill out an application for a card, be sure that you have reviewed all the different aspects of the card. Do you know the annual percentage rate? Does the card offer incentives? Doing research will permit you to pick the right one.

Remember to keep a very important factor in mind, creditors would like you to pick their card. That is why they offer benefits but don’t forget, they are in fact running a business to generate a profit. Otherwise, they would have no motive to give you the rewards they do. The best thing you can do is locate the one that provides the highest quality rewards overall. This of course, includes the extra fees imposed along with the perks.

Filling out an online credit card application, including the Southwest Airlines card, is the path to take right now. Just be sure you have done your research before selecting the offer you ultimately determine is most effective for you.

Visit now to fill out the online credit card application of your liking. In the event you take trips quite often you really should have a look at Southwest Airlines card as well.

Avoiding Large Hidden Costs Building A Home

Building a home can be one of the most exciting, yet costly projects that you ever do. You can finally build your dream home, but if you are not careful, you might get slammed with various large hidden costs which will create even more devastating effects. The last thing you want is to start building this dream home only to be stuck with a half built home because you did not have the hidden costs in mind. When you plan out your home you should always be rounding up and expect to pay at least a third of the total cost more.

Building your own home can be a great financial investment but you have to consider all of the factors before you make this commitment. Some of the extra costs that you can encounter include legal fees, materials and even extra labour. Below you will find some of the common hidden charges that are associated with building a home:

Many people borrow money in order to build their dream home, but these funds have costly finance fees that are attached to them. Some of the more common fees which you will be paying are lenders survey and valuation fees which can be up to $1000. You will also have to pay for inspections in order for mortgage payments to be released which can be almost $100 per visit.

Dont forget about your broker. The person who arranges your mortgage will also benefit from you as you must pay for their services.

Arrangement fees are also common if you are using a fixed rate. Arrangement fees are also very common when you want the stage payments in advance. The only upside to the arrangement fee which can be around $1200 or less, is the fact that you will not have to pay for the interim inspection fees.

Another large fee that you should not forget about is your surveyors and engineers fee. Before work can be done, the plot of land must be inspected by a site surveyor which will cost between $600 and $1000. Archaeological surveys will also cost you around $5000. If there is a problem with the land, expect delays and costs to come with these delays.

Legal fees can be quite costly, at least $2000 for buying a plot and selling your home. When you purchase the property you will have to pay stamp duty and then register it which will have additional fees.

Building your home can be a dream come true but if you do not take into consideration the additional costs, it could soon turn into a nightmare. Other cost considerations are architecture fees, scaffolding and plant hiring fees, delivery charges and costs associated with connecting sewage lines.

Make Money By Spending on Your Credit Card

Tempting though it may seem, there are pitfalls in attempting to overleverage your credit cards using one of the many tactics exposed’ both in popular finance books and online. The reality is that in most cases, lenders have identified and considered any loopholes before the average consumer has heard about them, and if they have not already done so, are sure to correct them quickly.

For example if you swap cards repeatedly so as to keep within 0% interest offers, you risk being penalised by the credit agencies and eventually you will no longer be able to get any cards at any interest rate, or qualify for mortgages or loans.

One essential piece of advice is to ONLY use credit cards for cash-back provided you are not charged any interest. The temptation to use the credit card to gain cash from a cash point can be high, yet by not paying back the card in full at the end of each month, this can be an extremely expensive method of borrowing.

Some advice sources will tell you that cash-back on a credit card, paid off monthly in full is the same as cash-back on a debit card, but that simply is not true; no debit card on the market charges you for getting cash back with your for the simple fact that you are in fact accessing your own funds rather than extending your credit with a lender.

There are other theories that state that since many credit cards lend new customers money at 0%, you can easily borrow this money and put it into a savings account with as high a rate of interest as is available.

The theory is that you will then be earning interest on money you have acquired effectively for nothing and is similar to the idea that you can borrow money as an overdraft from the bank and swap large amounts between accounts in different banks to look as if you have a large income going in and going out.

This is supposed to boost your credit rating – but beware: when considering further credit, lenders are primarily concerned with whether or not payments were made on time rather than the size of transaction moving to an from accounts.

In general it is inadvisable to see interest free credit or 0% interest offers as free loans – these offers do not last forever and if you miss a payment you will actually accrue more interest than if you had a standard rate of interest in the first place!

With many card providers offering incentives to spend you can expect, with normal usage, to receive some reward for your spending – however, spending vast amounts of cash in order to qualify for free gifts, air miles or other similar incentives is not a good investment!

As with any type of credit, borrowing on a credit card can give you access to funds when you need them most as long as spending is kept within affordable limits it can be an extremely useful way of taking care of your outgoings but it needs to managed carefully.

Credit Card Bin # Checkers For Fraud Detection

The Bank Identification Number (BIN) is an efficient alternative to conventional methods of credit card bin # verification. BIN or IIN checks the cardholders’ details for its authenticity as to the country of issue, and the nature of the card etc.

Although this information alone is not complete enough to prove the financial frauds, the tool helps in a finer way for refining the results and identifying potential threats in business. In other words the credit card bin # checker gives out warning signals for financial hazards. Inline validation is also possible with the use of credit card bin# checkers. Sometimes the data entered by the consumer may be inaccurate as to the card type, nature of transactions allowed etc. This can also be verified to confirm that the transaction can be allowed as per the card service provider’s policies.

Features of the credit card bin # checkers

The commonly found credit card bin # checking tools helps to identify the cards such as Visa, MasterCard, American Express, Discover etc. Some bin databases allow for still more types of cards including prepaid and gift cards. The six digits which comprise the bin of the card inform several things about the card to the merchant but complying with the security policies of the business.

Rather than selecting the commonly available tool it is advantageous to opt out for custom made solutions. Custom modifications can be introduced into credit card bin # checkers that will allow for securing it with the latest technology. The tools of accounting and other system specific needs can be made by custom validation of credit card bin # database.

A credit card bin # list is accessed through third parties who process credit card payments and manage claims. There are two types of bin lists bin to country and bank to bin. Bin to country list reveals the issuing country when the credit card bin # is provided. Bank to bin list shows the results of the fields such as details of bank and contact number in addition to the country of issue of bank.

The first number of credit card bin # is often the service provider indicating the type of card whether Visa, Master card, Discover or American Express etc. This first digit is also known as Major Industry Identifier (MII). MIN is thus part of BIN or IIN. These are of the standard format laid down by ISO 7812.

The bin system comprises of credit, debit, deposit, fuel, gift, prepaid, stored value and electronic benefit cards. Credit card bin # checkers are the most common bin databases. Validation of the credit card bin # is done using Luhn algorithm.

In case of suspicious transactions, the credit card bin # checkers issue a notice of warning which the merchant can further verify using other methods to confirm the authenticity. If he is not able to confirm the validity of the card, it will be better to cancel out the transaction.

Credit Card Payment Processing For Quick Processing Of Payments

Most business owners are benefiting from a credit card payment processing service as they do transactions with their customers. Customers like the versatility of being able to pay for their items in any format without delay. It’s not always convenient for an individual to have cash on hand at all times, which makes having a credit card processing service an asset for business. Businesses who have invested in credit card payment processing services have found that they are able to increase sales in their business.

With a credit card processing service businesses can now accept any form of payment including all the credit, debit and echeck companies. It will also enable businesses to accept payments globally when it is coupled with a good merchant account service online and at a physical store location. Most transactions that are conducted online or at a physical location such as a brick and mortar retailer or even a trade show or convention center sales booth. Since most consumers are concerned with entering their credit card information, there is security and fraud prevention for each credit card processing service. The customer’s credit card information is automatically encrypted and verified with reputable credit card processing companies. This leaves the customer comfortable with the thought of knowing that they are dealing with a trusted service.

It’s difficult to determine what credit card payment processing works the most efficiently with a business with the multitude of options available with each given situation. Credit card processing rates vary for brick and mortar businesses, which usually start at a very competitive monthly service fees. The online payment card credit card processing rates generally are taken out of the costs out of the final purchase. It’s best to have both a virtual and online payment gateway, so that the business has the flexibility when it comes to processing payments based on how and where their customers shop.

Businesses are beginning to use the newest trends of credit card processing which can be used along with mobile phones and Paypaliphones swiping systems. This gives the customers great confidence that they can make their purchases literally anywhere and the transaction will go smoothly, depending on the level of the payment system that the business has. It’s imperative that a business do the proper research before investing in a credit card processing service, so that they steer clear of any sub par service that does not have the basic processing infrastructure and security measures in place.

Catholic Syrian Bank A Dedicated Finance Institution

Indian banking sector is incomplete without addressing the needs of rural India. The Catholic Syrian Bank was established as a result of the Swadeshi Movement, in 1920 at Thrissur , and has 80% of its operations in semi-urban and rural areas of India, with more than 75 percent clientele from weak economic backgrounds. Though through the first 20 years of its functioning, the bank concentrated its operations only in Kerala, it presently has 364 branches spread all across India.
The Catholic Syrian Bank takes seriously its activities on the Corporate Social Responsibility front, and has started many specialized schemes for providing financial services to small scale industries, entrepreneurs, agriculture workers and road transport operators. On the other hand, the bank is expanding its investments in capital market and money market. Also giving priority to research, the Catholic Syrian Bank is working towards an in house equity research wing. Apart from these, it provides all banking and finance services like Deposits, Credit Services, NRI services, RTGS, NEFT, International money transfer, Insurance, Internet and Mobile banking etc. along with saving schemes for student support and social support.
As a fast growing institution, the Catholic Syrian Bank takes its commitments to its customers very seriously. The Catholic Syrian Bank Customer Care is diligent in providing quick and efficient service to all clients. As the bank has a large base of rural and semi urban customers, it places high priority on a fair Grievance Redressal Policy. An elaborate code has been established to handle all complaints against Catholic Syrian Bank. The voluntary code aims at maximizing customer satisfaction without compromising on the supervisory and regulatory instructions laid down by the Reserve Bank of India. The code in fact supersedes the expected code of conduct, and helps the bank maintain a high standard of service by the bank to the customers.
The banks staff is highly trained in explaining to customers all products and services, explaining procedures for filing complaints in case of dissatisfaction, and handling complaints in an appropriate manner. Catholic Syrian Bank Complaints can be filed online, or in any of the branches. There is a Standing Committee on Customer Service to ensure proper execution of bank policies, chaired by the CEO of each branch. There are nodal officers appointed in every branch to deal with any grievances that have not been completely resolved by the customer care officers. Every complaint has a time frame within which it has to be resolved, and in case of failure of the bank to do so, the customer is given full information and support in taking the complaint further to a designated authority in regional or zonal offices.
In order to expeditiously resolve customer complaints, the bank has structured monthly meetings with customers to minimize complaints arising due to lack of awareness of the banks policies and services. With all such measures, the Catholic Syrian Bank has made a name for itself in customer satisfaction and is escalating rapidly in the Indian financial service sector.