Touch-n Go for E-tailing

The Octopus card is a rechargeable contact less stored value smart card used to transfer electronic payments in online or off line systems in Hong Kong. There are four types of cards that are On-Loan, Sold, the Airport Express Tourist and the MTR Airport Staff.

On-Loan cards are issued for usage in daily functions, first and foremost for fare payment in transport systems. If an owner loses a card, only the stored value and the deposit of the card are lost and no identification is necessary to buy the card. This type of Octopus card is anonymous; no personal information, bank account or credit card details are stored on the card.

Sold cards are sponsored and branded cards. Octopus Cards Limited only distributes Sold cards as souvenir cards. These cards are sold at a premium, have limited or no initial stored value, and cannot be refunded, but they can otherwise be used as ordinary cards. Mcmug and Mcdull collection are the example of Sold cards.

Octopus Cards Limited also introduced Airport Express Tourist to target tourists in Hong Kong. There are two versions of this card are accessible, a HK$220 card with a free single ride on the Airport Express, the Mass Transit Railway (MTR) train line that runs between the Hong Kong International Airport and the city areas, and also a $300 card with two free single rides included. The airport journeys are valid for 180 days from the date of purchase. These tourist Octopus cards may be used only by tourists staying in Hong Kong for 14 or fewer days.Users might be need to buy a passport showing their arrival date in Hong Kong. Airport Express Tourist Octopus is available for purchase at all MTR stations.

The MTR Airport Staff Octopus is obtainable for the staff of Hong Kong International Airport and Asia World-Expo for commuting at a reduced fare between the airport and MTR stations via the Airport Express. For those staff got the card may use it for a discount of up to 64 percent for Airport Express single journey fares. The MTR Airport Staff Octopus is obtainable upon application via the company for which that a staff member works.

The Octopus card used to pay fares for all public transport in Hong Kong and to make purchases for consumer products at many stores in the city. It is accepted by more than 160 merchants. The card can be used in many soft drink vending machines, photo booths, parking meters, pay phones and car parks

Famous businesses that accept Octopus cards include PARKnSHOP, Watson, 7-Eleven, Starbucks, McDonald's, and Circle K.. Octopus cards can also be used for admission control in buildings and for school administrative functions.In 21 November 2004,all parking meters in Hong Kong had been changed to using the Octopus card as the form of payment.

Mobile payment systems in Malaysia: It’s potentials and consumers’ adoption strategies

Mobile payment also referred to as mobile web payment or WAP billing is the collection of money from a consumer via a mobile device such as their mobile phone, Smart Phone, Personal Digital Assistant (PDA) or other such device.

Mobile payment can be used to purchase any number of digital or hard goods, such as music, videos, ringtones, games, wallpapers and other digital goods. Besides that, it is also can be used to purchase books, magazines, tickets and other hard goods.

Nowadays, there are some companies start promote mobile systems in Malaysia, such as Visa and Nokia. Visa and Nokia have teamed up to release the world's first credit card payment system in Malaysia, they allow consumers to shop and pay by using their mobile phones. PayPal has launched a somewhat similar service called PayPal Mobile that lets people transfer money through their cell phones.

Nokia phones will use the Visa Wave smart card technology that utilizes the radio frequencies to eliminate the need to swipe credit card into a reader. During the trial period, Visa Wave cardholders in Malaysia will be given a special Nokia phone that can be used for such payments.

Pilot implementations of mobile payments have shown that consumers find mobile payments both functional and convenient. However, while consumers are receptive to innovative mobile payment devices and services, they are also still looking for a strong value proposition. Consumers are aware that they have alternatives and are educated about other options. Finally, consumers are showing a heightened awareness of security and privacy issues. Mobile payment scenarios can enhance security and privacy. However, if the perception exists that mobile payment potentially involves loss of privacy, consumers will not accept it.

Review on post on e-tailing My E-Commerce blog

I’ve done a lot of blog surfing lately, in search of new (best) blogs. What I found often, however, was that there are things people could do to improve the relationship and interaction value of their blogs, which would in turn build a better bridge between blogs and their readers.
Here are certain recomendation in my point of view of a post on e-tailing frm E-Commerce blog

1.Display Contact Info Prominently- Put the author’s name right up there easy to read, and add a photo, an email written out to avoid spiders ( chris at lifehack dot org instead of actually clickable), and even a phone number, if you want people to reach you. Add your IM username, and other contact info. If it’s a multi-author blog, display an “About the Authors” link prominently. .
2.Format Your Text- Take the extra time to write “pretty” posts, such as it were. Make it so that people can read what you’re typing, and do your best to keep the tone communicative, and not too dense. Translation: big fat paragraphs of dense text usually don’t make for “friendly” blog reading.
3.Use Tagging- The best thing about using Technorati tags and other tagging features is that it helps you AND others. As a blogger, it gets you more traffic from people interested in the words you’ve selected as tags for your post. As a reader, it helps you determine quickly if something is relevant to your interests.
4.Link, Link, Link- When you talk about 43 Folders, give them a link. When you write about a hilarious video on New Year’s Resolutions, share the direct link. This has two effects: one is that it makes it more useful to your readers. Two, it shows Google that you’re alive and sharing information back and forth (which benefits you *and* the linkee). BONUS: it’s good karma, and people feel warm and fuzzy when they see you’ve linked to them.

Credit Card:Causes & Prevention

A lot of people use credit cards as a "crutch." If they can't afford something they really want, they charge it. Then when it comes time to paying the bill they pay the minimum amount due (very bad thing) only. This then accumulates a good awful amount of interest and the next month when you get your bill, the balance is about the same.

Prevention

1.Limit the number of cards that you have. If your cards offer low interest balance transfers, transfer the balances from your other cards onto the card with the lowest rate.
2.Pay at least twice the minimum. Paying the minimum will prevent you from paying off the credit card for many years.
3.Renegotiate your APR at least twice a year. Give a call to your credit card company and speak to a representative to see if you are eligible for a lower APR.
4.Stop charging everything. An effective way to manage a credit card is to charge only things that you can afford to pay off at the end of the billing cycle.
5.Try to pay off the balance during the interest free period. If your credit card offers an interest free promotional period, make the most out of it by paying off any debt that you have accumulated by the end of the period.
6.Look for a rewards card. These cards allow you to get merchandise from your credit card company.

Causes

1.Public are not aware of the danger of improper and excessive use of credit cards.

2.The process to get a credit card is very easy.So many people tend to have many credit cards

3.The interest keep on accumulates and cause difficulties to pay bay due to the delay payment

4.Credit card being used even for small sum of amounts.