BENT1G3 E-COMMERCE WORLD

3. Self control

As we know, women like to shopping. They like to buy stuff without further consideration. They would rather just buy the item and ignore the price stated at price tag. If they holding a prepaid card, they have no choice but think twice before purchase stuff. This is because there is limit in the small balance of the card about hundred dollars contrast with credit card that enable them overdraft until few thousand. Hence, it helps women to control the money if they "unable" to self control.

Many banks provide the application of Pre-paid cash card to increase the revenues.The following are the banks that offer the prepaid cash card.

Online Savings Accounts
Get 2.50% PA High Interest Savings At Bradford & Bingley International

I am reading the "Using Touch n Go card to buy fast food in Malaysia will be a reality." Touch n Go in going to expand its application to 21 fast food outlets such as A&W, Burger King, Dunkin Donuts, 7-eleven, Caltex and others.

It is a good point to expand the application of Touch n Go into others industry instead only transportation as if Octopus Card in Hong Kong but i found out that Touch n Go card not really fully penetrate its market into transportation industry. In the public bus, they are still using manual collection of money from customers. The Touch n Go machine is not functioning. Other than that, there only few LRT station can reload the Touch n Go card. It is uncovenient for customers. The service level of Touch n Go still in not enough if compare to EZ-Link of Singapore. Therefore i see no reason for Touch n Go to shift from transportation industry to fast-food industry when the service level still low in current serving area.


Futhermore, if Touch n Go wants to shift into fast-food industry, KFC, Mcdonald and Pizzahut should be their first priority cooperate partners in the list. These are three major fast-food pionners with huge numbers of outlets that bring conveneint to Touch n Go users. According to Notion Master, Mcdonalds already have 139 outlets in Malaysia. Coorperate with these pioneers will benefits many users of Touch n Go as well as customers of these fast-food outlet.



Touch n Go should appreciates their core competitive advantage and improve service level.I strongly recommend Touch n Go to remain at transportation industry to improve its services hence build better foundation. As increment of popular of the usage Touch n Go card in transportation industry will benefit it when it wants to have next move in future.

A credit card is part of system of payments named after all the small plastic card issued by the banks and credit unions to the users of the system. It is a card enable its holder to buy goods and services based on the holder's promise to pay for these goods and services. Nowadays, credit cards has been widely used among all the people especially those undergraduates due to they can buy anything they want, even though without having cash in their hand. Therefore, it may causes them to the sea of debts. There are several reasons that causes credit cards debts.

Poor money management is one of the top reasons why people accumulated lots of debt. Due to the poor money management, people are not aware to conduct a monthly spending plan and do not keep track on the monthly bills or receipt to record how much money they have spent. Without keeping the bills or receipts, people will never realize how much they have spent on the products that leads them to raised a debt in one month. With the used of the credit cards, people will like to keep on spending by using the future money without perceive that they are unable to pay back the debts.

Besides that, unemployment is also one of the causes of credit card debts. Due to the economic crisis, many people lost their job and unable to maintain their living expenses. Therefore, people used the credit cards in order to cover their future living expenses. This may leads to a rise in debt when expenses are not to cut down to cover the reduction in income.

Now, lets us discuss on the ways to prevent credit card debts. The first steps is to have a financial planning. We need to a clear budget plan and it is a need to keep all the receipts or bills after making some purchase in order to keep track on how much you have spent on that month. This may help us to perceive and we will not overspend and prevent from the debts.

Secondly, people who is using the credit cards should learn how to have a better self control and discipline in order to prevent from buying those unnecessary things, people can control themselves by limit their credit cards amount in order to stop them when they have spend more than their budget.

Finally, the most obvious solution is to get a debit cards.Modern debit cards will work in any machine that accept credit cards, and they are accepted for online shopping as well. Naturally, if we use a debit cards we cannot spend more money than we have, that's why they are superb tools when we're trying to get rid of credit card debts.

In the conclusions, credit cards should be used for emergencies only, unless you plan on paying the entire balance off immediately.Never pay the minimum amount due unless you truly can't afford any more.

Electronic currency is also known as e-money, electronic cash, digital money, digital cash or digital currency which refers to money or scrip that is exchanged only electronically. This involves use of computer networks, the internet and digital stored value systems. Electronic Funds Transfer(EFT) is example of electronic money. EFT refers to the computer-based systems used to perform financial transactions electronically while direct deposit is a banking term used to refer to certain systems used to transfer money. Electronic currency allows its holder to buy the goods and services that the vastness of the internet offers. (http://en.wikipedia.org/wiki/Digital_cash)

Besides that, Electronic currency trading can let you to do business and earn only few dollars of investment. In fact, some of the experts will suggest the beginners to start with only a few dollars so that they can first learn the ropes of electronic currency. Low transaction cost is the benefit of electronic currency trading. With the advent of electronic currency trading anyone anywhere is the world can now trade and the account minimums offered by online currency brokers means that currency trading is not just for big players anyone can get involved. The advantages of electronic currency trading are numerous (http://www.learncurrencytradingonline.com/electronic-currency-trading.html).